Total 2062sqm approx.
Total current rental return $191,000 per year (approx.) with annual rent increase
Proudly introducing an incredible investment opportunity in Carramar! This block of land comes with 7 existing home units, currently leased to NSW Land & Housing Corporation until 2026 with annual rent increases, offering immediate rental income and long-term growth potential. Ideal for investors looking to expand their portfolio or developers seeking a strategic purchase, this property is not to be missed.
Located in the heart of Carramar, this property is in a highly sought-after area close to schools, shopping centers, parks, and public transport
Seven Home Units which include FOUR 3 bedroom and THREE 4 bedroom Townhouses/Villas
1.1km to Carramar train station
Whether you're a developer looking to start your next project or an investor seeking a secure and profitable venture, this property offers everything you need for success. Don't miss out on this exceptional opportunity. Contact us today!