The Council has rezoned the neighbourhood and this property for high density (units) residential living (zoned R4). So in the future some smart investor will build 3 storey flats with basement parking on this land. If you buy this property you will have the land for potentially six or more investment properties in a great location. And in this location your rental properties will never be empty.

If you check Parramatta Council’s website you will see there are big plans for Rydalmere as a supporting suburb for the University which is just a short walk away. The property is also located just a short walk from Rydalmere wharf and the public transport express buses run along Victoria Road. Aldi Supermarket is a shopping trolley push away! Let’s not forget that there is a strong push for a light rail system which will greatly benefit Rydalmere train station. The State Government favours this option.

The home is a 3 bedroom well maintained property with 2.5 bathrooms and a four car garage out back. With a 24 metre frontage and approximate 660 square metres of almost level land, this property makes a great future investment.

Property Code: 404397751