Share this property

Ray White Commercial  - Western Sydney

54-56 Albert Street North Parramatta, NSW 2151

Directions

54-56 Albert Street,
North Parramatta, NSW 2151

Other • Shop & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Ray White Commercial  - Western Sydney
Victor Sheu
Peter Vines
Joseph Assaf

Ray White Commercial - Western Sydney

Level 1, 15-17 Argyle Street
PARRAMATTA, NSW 2150
Ray White Commercial  - Western Sydney
54-56 Albert Street
North Parramatta, NSW 2151

Map of 54-56 Albert Street

Directions

DECEASED ESTATE - Entire Complex to be Sold In One Line

  • Site area 3,013m2*
  • Two Streets Frontages
  • Deceased Estate
Ray White Commercial NSW is pleased to present 54-56 Albert Street, North Parramatta (also known as 27-29 Isabella Street) for sale via Expressions of Interest.

Tightly held within one family for over 2 decades, entire complex consisting of 23 dwellings. Comprising of 19 residential apartments all configured into two and three bedrooms, 2 x townhouses, 1 x villa and 1 retained heritage cottage.

Positioned on an impressive site area of 3,013m2* with two (2) streets frontage to Albert & Isabella Streets. This fully leased single title block offers the security of a strong income, underpinned by Parramatta's population growth. Includes future upside through refurbishment, potential strata subdivision or redevelopment^.

Additional highlights of the property are outlined below:

• Impressive site area 3,013m2*
• Two (2) streets frontage via Albert & Isabella Streets
• Configured into 19 residential apartments (16 x 2 bedrooms & 3 x three bedrooms)
• 2 x two level townhouses
• 1 x two bedroom villa
• 1 x retained heritage cottage
• Car parking allocations for all units
• Fully leased with passing income of $508,560* per annum
• 500m* to proposed Fennell Street light rail station
• Walking proximity to the thriving Parramatta CBD
• Once in a generation offering

The property will be offered for sale via Expressions of Interest, closing Thursday 5 May 2022 at 3pm

For more information, please contact the below exclusive selling agents.

*Approx. ^S.T.C.A

Explore property virtually

Video

Additional information

Property ID: 504043223Last Updated: 27 Jun 2022

Ray White Commercial - Western Sydney
Level 1, 15-17 Argyle Street
PARRAMATTA, NSW 2150
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Ray White Commercial - Western Sydney

Other properties you might be interested in based on the location and property type you are looking at.