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.