16 Billabong Street,
Pendle Hill, NSW 2145
Offices • Shops & Retail • Other
Price information
Sale - Auction Tue 21 May
AUCTION
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Auction
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RWC - Western Sydney
15-17 Argyle StreetPARRAMATTA, NSW 2150
16 Billabong Street
Pendle Hill, NSW 2145
Map of 16 Billabong Street
Train stations within 5 km of 16 Billabong Street, Pendle Hill, NSW 2145 Distance Pendle Hill Station 207 m Toongabbie Station 1.6 km Wentworthville Station 1.8 km Westmead Station 3.2 km Seven Hills Station 3.4 km POWERED BY HERE ©Bus stops within 5 km of 16 Billabong Street, Pendle Hill, NSW 2145 Distance Pendle Way at Stapleton St 209 m Dunmore St Opp Pendle Hill Retirement Villages 336 m Wentworth Av Opp Pendle Hill Station 358 m Pendle Hill Station, Wentworth Av 363 m Pendle Way Before Macklin St 413 m POWERED BY HERE ©
POWERED BY HERE ©
19-Room Boarding House - Instructions to Sell
- Significant Depreciation Benefits
- High Growth Area
- Instructions to Sell
RWC Western Sydney is pleased to present 16 Billabong Street, Pendle Hill for sale via Auction.
Architecturally designed, this fully leased new-generation boarding house offers a rare investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
Completed in April 2023, the property comprises 19 high quality rooms with secure basement car parking with lift access to all levels. With an existing annual rental income of $423,540* per annum with potential rental upside.
Additional highlights of the property are outlined below:
• 19 high-quality self-contained boarding rooms with lift access to all levels. Comprising of 13 single rooms and 6 double rooms
• Furnished rooms, all with double beds, wardrobes, table and chairs, and appliances; including washer/ dryer combination, cooktops, range hoods, and combination oven/
microwave in each room.
• Site Area 798sqm*
• Construction completed April 2023
• Offered below replacement value
• Current annual passing income of $423,540*
• Significant depreciation benefits
• Land tax exemptions applicable
• CCTV & video security intercom
• Six (6) secure basement car spaces
• Four (4) Secure basement motorbike car spaces
• 200m* to Pendle Hill Town Centre
• 300m* to Pendle Hill Station
• Realistic vendors ready to meet the market
The property will be offered for Auction, In-room Tuesday 21 May 2024 at 10:30am at 50 Margaret Street, Sydney (unless sold prior).
For more information, please contact the below exclusive selling agents.
* Approximately
Architecturally designed, this fully leased new-generation boarding house offers a rare investment opportunity to capitalise on the current housing market shortage, low vacancy rates and migration boom.
Completed in April 2023, the property comprises 19 high quality rooms with secure basement car parking with lift access to all levels. With an existing annual rental income of $423,540* per annum with potential rental upside.
Additional highlights of the property are outlined below:
• 19 high-quality self-contained boarding rooms with lift access to all levels. Comprising of 13 single rooms and 6 double rooms
• Furnished rooms, all with double beds, wardrobes, table and chairs, and appliances; including washer/ dryer combination, cooktops, range hoods, and combination oven/
microwave in each room.
• Site Area 798sqm*
• Construction completed April 2023
• Offered below replacement value
• Current annual passing income of $423,540*
• Significant depreciation benefits
• Land tax exemptions applicable
• CCTV & video security intercom
• Six (6) secure basement car spaces
• Four (4) Secure basement motorbike car spaces
• 200m* to Pendle Hill Town Centre
• 300m* to Pendle Hill Station
• Realistic vendors ready to meet the market
The property will be offered for Auction, In-room Tuesday 21 May 2024 at 10:30am at 50 Margaret Street, Sydney (unless sold prior).
For more information, please contact the below exclusive selling agents.
* Approximately
Additional information
External websites
Property ID: 504566440Last Updated: 14 Apr 2024
RWC - Western Sydney 15-17 Argyle Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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