$479,000
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5/29B Great Western Highway, Parramatta NSW 2150

Apartment
2110.0
Block size: 926 m² approx.

Charming Apartment in the Heart of Parramatta!

Investment Opportunity: Inner City Living in Parramatta

We are pleased to present a prime investment opportunity in the vibrant suburb of Parramatta, offering the best of inner city living. This property is a modern 2-bedroom, 1-bathroom apartment, perfectly situated to attract a high rental demand.

Key Features:

⢠Two spacious bedrooms.
⢠One well-appointed bathroom.
⢠A fully equipped kitchen with plenty of counter space.
⢠Open plan living and dining area, offering a flexible space for entertaining or relaxing.
⢠Assigned car space
⢠Low maintenance property, ideal for investors seeking a hassle-free investment.

Location Highlights:

⢠Located in the heart of Parramatta, one of Sydney's fastest-growing suburbs.
⢠Close proximity to Parramatta's CBD, offering a range of employment opportunities.
⢠Excellent transport links, including Parramatta train station and multiple bus routes.
⢠Walking distance to a variety of amenities, including shops, restaurants, and parks.
⢠Close to several highly regarded schools and universities, making it an attractive option for families and students.

Investment Potential:

⢠High rental demand in Parramatta due to its strategic location and growing popularity.
⢠Strong potential for capital growth, with Parramatta's property market showing consistent upward trends.
⢠Ideal for investors seeking a reliable income stream and long-term growth.
⢠Currently rented for $510 Per/Week

Outgoings:
⢠Water Rates - $163 Approximately
⢠Council Rates - $303 Approximately
⢠Strata - $673 Approximately

This 2-bedroom, 1-bathroom apartment in Parramatta offers a unique investment opportunity, combining the benefits of inner city living with strong rental demand and growth potential. For more information or to arrange a viewing, please contact us today.

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
926 *
EER:
0.0

Other Details

Lot:
5
Plan Type:
SP
Plan:
14637
Legal description:
5/SP14637
LJ Hooker Edensor Park

Maps and area information

Block information
Block size: 926 (approx)
Legal description: 5/SP14637
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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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.

Nearby sales

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We found 50 apartments with 2 bedrooms that just sold near 5/29B Great Western Highway Parramatta

Property history

We couldn't find any history for this property.
See Parramatta's suburb profile

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: 182059344. This listing has been viewed 8 times. It was first displayed on 03/11/2023 and last updated on 21/04/2024.
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.