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75/64 Great Western Highway, Parramatta, NSW 2150, 2 Bedrooms, 1 Bathrooms, Unit

Under Contract

75/64 Great Western Highway, Parramatta, NSW 2150

2
1
1
UnitListed on Mon Feb 19
Price dropParramatta (Northwest suburbs)

Parramatta 2 Bedroom Excellent Building and Fantastic Value in Parramatta!

Investment Opportunity: Charming 2-Bedroom Property in Parramatta

Investors, seize this rare opportunity to acquire a 2-bedroom, 1-bathroom property in the vibrant suburb of Parramatta. This is an excellent chance to expand your portfolio with a property that offers the best of inner city living.

Property Highlights:

• Prime Location - Situated in the heart of Parramatta, one of Sydney's most sought-after suburbs. This location offers convenient access to a plethora of amenities including shopping centres, parks, schools, and public transport.

• Modern Living - The property features a contemporary open plan living area, two spacious bedrooms, and a sleek bathroom. It is designed to maximize natural light, creating a bright and inviting space.

• Quality Construction - Built with high-quality materials and finishes, this property is designed to stand the test of time. It offers low maintenance living, making it an ideal investment property.

• Strong Rental Demand - Parramatta's strong rental market promises a high occupancy rate. The suburb's popularity among professionals, families, and students ensures a steady stream of potential tenants.

• Current rental return of $450 Per/Week

• Capital Growth Potential - Parramatta has experienced significant growth over the past few years. With ongoing infrastructure developments in the area, the property's value is set to increase further.

• Inner City Living - Enjoy the convenience and excitement of inner city living. Parramatta offers a vibrant lifestyle with its diverse dining scene, cultural events, and leisure facilities.

Outgoings:

Water Rates - $170 Approximately

Council Rates - $206 Approximately

Strata Rates - $860 Approximately

For investors seeking a reliable income stream and capital growth, this 2-bedroom property in Parramatta represents an excellent opportunity. Contact us today to arrange a viewing and see firsthand the potential this property offers.

Location

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Estimate

Council Data

Planning ZoneMixed Use
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Floor Space Ratio8
Height of Building100 m
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Parramatta High School
0.18 km
Secondary
7-12
Government
icsea: 1118
Bayanami Public School
1.03 km
Primary
K-6
Government
icsea: 1122

Property history

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For developers

lot-
planSP7213
zoneCodeMU1
primaryZoneDescriptionMIXED USE
URLhttps://legislation.nsw.gov.au/view/html/inforce/current/epi-2008-0572

Parramatta surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17/72 Great Western Highway, Parramatta
0.08 km
2
1
-m2
Year 2024 Month 11 Day 24
-
Council approved
10/75 Great Western Highway, Parramatta
0.10 km
1
1
-m2
Year 2024 Month 10 Day 30
$420,000
Council approved
1/14 King Street, Parramatta
0.11 km
2
1
103m2
Year 2024 Month 10 Day 24
$560,000
Council approved
11/68-70 Great Western Highway, Parramatta
0.05 km
2
1
112m2
Year 2024 Month 09 Day 11
$530,000
Council approved
5/16 King Street, Parramatta
0.11 km
3
1
192m2
Year 2024 Month 08 Day 27
-
Council approved

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Ref:6333Last update:2024-10-11 11:00:43