Are you ready to diversify your investment portfolio and secure a lucrative opportunity in the thriving suburb of Merrylands. Look no further, as Laing + Simmons Merrylands present 16-18 Holdsworth Street Merylands.
First time offered, an exceptional chance to acquire an entire block of 6 villas in one attractive package with potential for future strata-subdivision (subject to council approval). Currently leased achieving excellent income with potential to significantly increase rental returns through refurbishment.
The complex is located within close proximity to Stockland Mall Merrylands, Merrylands train station, Merrylands Park and an abundance of local schools, shops and eateries which makes this a great opportunity for the astute investor or developer looking for potential future development (subject to council approval).
Highlights of the property include:
- Unbeatable investment opportunity in a sought-after location
- Total land area of 1819 sqm with frontage of 32.90 m (approx)
- Entire block of six (6) villas ( 5 x 3 bedroom & 1 x 2 bedroom )
- Double & single lock up garages plus complex has additional visitor parking allocated
- Estimated fully let annual income of $202,800 & currently all leased
- Potential to significantly increase rental return through refurbishment
- Spacious and well proportion floor plans, allocated ensuites
- Current approximate outgoings: Water $1781.90 p/q | Council $1621 p/q
- 1.4km to Stockland Merrylands and Merrylands train station
- Courtyards to all villas and superbly maintained
- Potential to strata subdivide (subject to council approval)
To organise an inspection, or to discuss the opportunity in further details, please contact the exclusive selling agents.
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.