480 Merrylands Rd, Merrylands West, NSW, 2160, Australia

Attention Property Investors: Super Investment.
Are you seeking a super investment opportunity? Look no further! Here's your chance to acquire a whole block of units, fully occupied and ready to provide you with an instant return on investment.

Situated proudly on a corner block, this property boasts,
9 units comprising
6 spacious 2-bedroom units and 3 x 1-bedroom units,
all constructed with solid full brick for durability, longevity and low maintenance.
Some units have the advantage of City Views.

With ample undercover parking available for 10 cars, convenience is key for both tenants and future investors alike. What's more, all units are currently occupied by long-term tenants, ensuring a steady stream of income from day one.

Generating a gross income of $211,640 per annum, this investment opportunity offers the potential for quick income uplift in line with the rental market. Moreover, with minimal improvements, you can substantially increase your income further.

Operating costs are reasonable, with council rates at $1,494 per quarter, water service at $2,377 per quarter (including usage), common power at $260 per quarter, and land tax at $4,150 per annum.

Location-wise, this property couldn't be better situated. Adjacent to a charming park and just a 7-minute stroll (500m) to Merrylands Park, nature enthusiasts will appreciate the proximity to Central Gardens Nature Reserve, only 900 meters away.

Convenience is at your doorstep with shops including an IGA Supermarket, restaurants, and the Coolibah Hotel just a 4-minute walk (250 meters) away. Schools such as Merrylands High School and Merrylands Public School are within the short distance of about 1.2kms, making it an ideal location for families.

Merrylands Trains & Shops are only 2kms away, as is the Greystanes Shopping Centre the other way, offering residents easy access to all amenities.

Don't miss out on this incredible opportunity! Inspections are available by appointment only. Contact Angelo on 0406 564 005 to arrange a viewing and secure your investment today.
"Disclaimer: This advertisement serves as a guide and while sourced from reliable information, accuracy is not guaranteed. We do not accept responsibility for actions taken by purchasers relying on this information. No warranties are provided by the vendors or their agents."