1-11/25 Marion Street,
Parramatta, NSW 2150

- Block of 11 Residential Units
- Zoned B4 - Mixed Use
- 700m* to Parramatta CBD Centre

Laing + Simmons Merrylands is pleased to present 25 Marion Street Parramatta for sale.

First time offered, the asset represents a remarkable freehold opportunity to acquire this entire block of eleven (11) units in one line with potential for future strata-subdivision^.

Situated within walking proximity to Parramatta Shopping Centre & CBD with potential to significantly increase rental returns through refurbishments.Great opportunity for the astute investor, SMSF and developer with good returns plus potential future development (STCA) ^.

Highlights of the property include:

*Unbeatable investment opportunity in a sought-after central location
*Dual street frontage, Zoned B4 mixed use, FSR 2:1,Height limit of 28 metres
*Total land area of 897.9sqm* and frontage 20.12m*
*Entire block of eleven (11) units - (10 x 2 -bedrooms units and 1 x 1-bedroom units)
*Four (4) lock-up garages and eight (8) carspaces
*All units are self-contained and combined dining and living areas
*Estimated fully-let annual income of $226,200*
*Potential to significantly increase return through refurbishment
*Three (3) level double brick construction
*Current approximate outgoings: water levies $2758.91p/q| council levies $2542.04p/q
*700m to Parramatta train station/Westfield shopping centre and 200m to Harris Park train station
*Potential to strata subdivide^

To organise an inspection, or to discuss the opportunity in further detail, please contact the exclusive selling agents.

*Approx.

^S.T.C.A

"Laing & Simmons Merrylands and its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."