Parramatta

45 Iron Street, North Parramatta, NSW 2151

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Auctioned

Auctioned

Small Block Of Residential Units

First time offered in 46 years, Raine & Horne Commercial Parramatta is pleased to present to market a rare opportunity to secure a small residential block located on the fringe of Parramatta CBD.

45 Iron Street, is surrounded by some of the City’s best amenities with direct access to Parramatta CBD via Church Street. In close proximity are major arterial roads such as Windsor Road and James Ruse Drive.

The property also takes advantage of its proximity to Westmead Health Precinct, Parramatta Leagues Club, Commbank Stadium and is only 300m* to North Parramatta neighbourhood shops. A bus stop is located across the road and the Parramatta Light Rail (Est. 2023) is located 700m* on the corner of Church & Factory Streets.

Features include:

• Passing Income: $89,460*

• Land Area: 767sqm*

• One (1) Title

• 4 × 2 Bedroom units

• 1 × 1 Bedroom unit

• Ongrade Parking and Double Lock Up Garage

• Full Brick Construction

• Fully Tenanted

• Potential Rental Upside on Refurbishment

Open for Inspections will be held every Saturday from 11am to 12pm. (Auction Day Open for Inspection will be held 10:30am to 11am)

For Sale via Auction – Saturday 15th October 2022 Onsite at 11am

For further details please call the exclusive agent.

(*approximate)

Christian Cirillo
Director
Duarte Figueira
Director
Enquire Now

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Property Info:
  • Property ID: L20409054
  • Property Type: BlockOfUnits
  • Building / Floor Area: 767 sqm
  • Land Area: 767.0 sqm
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We Know Your Area
R&H Suburb Profile: North Parramatta

R&H Suburb Summary Houses
Number of sales 50
Average Price $1,480,196
Median Price $1,455,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 30 %
R&H Suburb Summary Units
Number of sales 152
Average Price $639,116
Median Price $587,500
Median Rental Price $475 p.w.
Change in Rental Rate (5yr) 6 %
North Parramatta, NSW - Median Trend
$1,455,000
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