37-38/285 Merrylands Rd , Merrylands NSW 2160

Property Details

RECENT SALES
Sale Price: $6,350,000
Sale Date: 07/07/2017
Sale Type: Private Treaty

ID: 362055
Building Area: 1123

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SOLD BY RAFI YOUNES FOR A RECORD $6,350,000

Century 21 Community First is excited to offer this attractive investment opportunity.

Merrylands is a south western suburb of Sydney and is located some 24 kilometers from the Sydney CBD and approximately 2.5 Kilometers south-west of the Parramatta CBD. The subject property is located at the western fringe of Merrylands retail/commercial precinct. Neighboring development is a mixture of residential dwellings on the northern and western sides, fast food outlets including Harris Farm and Rasheys situated on the opposite side of Treves Street. Stockland Merrylands shopping centre is situated within 100 metres north east of the subject.

Four separate investments for sale in one line comprising 25% of entire strata, total parent site 2812sqm and internal space 1123sqm.
Long term existing tenants include Westpac Bank, Mission Australia, Persian Restaurant and Ofiice.

Net Income: $415,000 + GST + Outgoings PA

Gross $451,951 PA