3 minute walk to Merrylands train station
Oversized apartments, no wasted space
300m to Stocklands Shopping Centre and other retail stores
Short drive to Parramatta’s CBD and Westmead Hospital Precinct
COMPLETION
Mid 2011
PRICE RANGE
1 bedroom + study:$340,000 – $345,000
2 bedroom apartment: $370,000 – $455,000
2 bedroom apartment + study: $400,000 – $440,000
3 bedroom apartment: $430,000 – $480,000
SIZE RANGE
1 bedroom apartment + study: 68sqm – 83sqm
2 bedroom apartment:88sqm – 109sqm
2 bedroom apartment + study: 106sqm – 114sqm
3 bedroom apartment: 120sqm – 139sqm
PARKING AND STORAGE
Underground security parking
One bedroom apartments have one car space
Two bedroom apartments have either one or two car spaces
Three bedroom apartments have two car spaces
RENTAL
One bedroom apartment + study: $360 – $380 per week (5.6% yield approx)
Two bedroom apartment: $400 – $420 per week (5.4% yield approx)
Two bedroom apartment + study:$430 – $450 per week (5.3% yield approx)
Three bedroom apartment: $480 – $520 per week (5.7% yield approx)
DEPRECIATION SCHEDULE
Indicative Schedules Available
INDICATIVE LEVIES
$2200pa – $3000pa approx
ESTIMATED OUTGOINGS
Council & Water Rates: $1800pa approx
CONDITIONS OF PURCHASE
Deposit: $1000 holding deposit
Exchange: 10% on exchange of contracts ( balance on completion)
Type: Deposit Bond, Bank Guarantee, Cash