$2,650,000
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73 High Street, Parramatta NSW 2150

Other
2020111
Block size: 271 m² approx.

DA Approved Boarding House 20 Fully Self Contained Studios + Communal room

73 High Street Parramatta

This is a rare opportunity to acquire a DA approved boarding house development site - Almost ready to build. CC pending ( 80% completed and already paid )

- Easy to build - accessible corner site.
- Small basement. Cheaper to build.
- 4 levels above ground with Lift access
- Vacant, level block
- The land is zoned: MU1 Mixed Use PLEP2023

Perfectly positioned,
Only 9 minutes walk Parramatta Station and Westfield Shopping ( 700m )
Only 3 minutes walk to Harris Park Station & shops ( 250m )

- Rental income potential of approx. $ 400,000 p.a.
- No strata levies.
- Strong rental demand
- Excellent quiet location


Fantastic design, 20 Large fully self-contained Studios, Including 1 Managers Studio with balcony & car space. Large Communal Room with terrace balcony.

Prime location Only 9 minutes walk to Parramatta Station & Westfield Shopping ( 700m )
Walk to all City Centre & Western Sydney University Parramatta Campus

This is an ideal long-term investment. Strong net income potential upon completion.

The completed development will be a great investment and will generate a significant income. This great location will enjoy everything that Parramatta City has to offer including the new light rail service and Parramatta Square urban development.

Further information please email or call exclusive agents D&D REAL ESTATE.
Azzam Derbas 02 9687 6555 or 0418 467 500 .


Walk to Parramatta Square- the largest urban renewal projects in Australia, a World-Class Civic Centre.
Invest in Parramatta City and be rewarded, this city is undergoing unprecedented growth & development. Including currently under construction:

• Parramatta Square - a World-Class Civic Centre Click here: https://www.cityofparramatta.nsw.gov.au/vision/parramatta-square
• Light Rail project Click here: https://www.parramattalightrail.nsw.gov.au/
• Powerhouse Museum Parramatta. River Click here: https://www.maas.museum/new-powerhouse/

Powerhouse Parramatta is the largest investment in cultural infrastructure since the Sydney Opera House and will be the first NSW State Cultural Institution to call Western Sydney home. Featuring over 18,000 square meters of museum exhibition and public spaces,

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. We do not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries.
Features
  • Allocated Car Space

Inspections

No open inspections scheduled.

Send an enquiry

Contact Azzam Derbas to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
20
Bathrooms:
20
Ensuite:
1
Parking:
1
Garage Spaces:
1
Property type:
Other
Block Size:
271 *

Other Details

Lot:
21
Plan Type:
DP
Plan:
736141
Legal description:
21/736141
D & D Real Estate

Maps and area information

Block information
Block size: 271 (approx)
Legal description: 21/736141
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
11 May 2021
Sold
$2,250,000
Contract: 30/03/2021
Transfer: 11/05/2021
Block size: 366m²
Transfer type: Full transfer
Purpose: Residence
06 Aug 2015
Sold at auction
Listed: 05/06/2015
Transfer type: Full transfer

Parramatta suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
30,211
Listing ID: 181720204. This listing has been viewed 15 times. It was first displayed on 22/06/2023 and last updated on 27/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.