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CBRE - Western Sydney

26-28 Lydbrook Street Westmead, NSW 2145

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26-28 Lydbrook Street,
Westmead, NSW 2145

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CBRE - Western Sydney
Robert Dowdy
Alex Mirzaian
Raymond Ahsan
Lord Darkoh

CBRE - Western Sydney

Level 5 10-14 Smith Street
PARRAMATTA, NSW 2150
CBRE - Western Sydney
26-28 Lydbrook Street
Westmead, NSW 2145

Map of 26-28 Lydbrook Street

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  • Train stations within 5 km of 26-28 Lydbrook Street, Westmead, NSW 2145Distance
    Wentworthville Station631 m
    Westmead Station851 m
    Pendle Hill Station2.2 km
    Parramatta Station2.7 km
    Harris Park Station3.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 26-28 Lydbrook Street, Westmead, NSW 2145Distance
    Seventh Day Adventist Church, Bridge Rd64 m
    Bridge Rd Opp Seventh Day Adventist Church137 m
    Bridge Rd After Wentworth Av193 m
    Shannons Paddock, Darcy Rd290 m
    Veron St Before Bridge Rd320 m
    POWERED BY HERE ©
POWERED BY HERE ©

EXCEPTIONAL FREEHOLD RESIDENTIAL APARTMENT BLOCK INVESTMENT

  • Fully Leased Gross Income: $516,724* p.a
  • 26 Total Units: Mix of Studio, 1 & 2 Bed
  • Sell Down, Value-Add, Rental Reversion
CBRE, as the exclusive selling agent, is pleased to present a fantastic investment opportunity in the heart of Western Sydney and adjoining NSW's second-largest CBD in Parramatta. Ideally positioned and recently developed, 26-28 Lydbrook Street represents a secure apartment block investment.

The property comprises the following:

•Four-level residential apartment building with 26 secure basement parking spaces
•3 x studio, 2 x one-bedroom, and 21 x two-bedroom units

26-28 Lydbrook Street, Westmead benefits from the following key attributes:

•Secure freehold investment returning a fully leased gross income of $516,724* p.a

•Significant Gross Lettable Area of 2,529sqm*

•Value add potential through reversion of rents & refurbishment

•Potential for strata subdivision and sell down of individual units

•Extensive depreciation benefits

•13 units allocated as a part of the National Rental Affordability Housing Scheme (NRAS)

•Final occupation certificate approved

•Desirable Location – Proximity to Westmead Hospital & Health Precinct, Charter Hall Innovation Quarter, Westmead Train Station, WSU Westmead & Parramatta CBD Hospital


28 Lydbrook Street, Westmead will be sold via Expressions of Interests closing at 3 pm on the 25th of May 2022.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property ID: 504058571Last Updated: 19 May 2022

CBRE - Western Sydney
Level 5 10-14 Smith Street
PARRAMATTA, NSW 2150
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