Sold

1-8/36 Grose Street,
Parramatta 2150, New South Wales

16 bedrooms
8 bathrooms
8 car spaces
Block of Units

$4,470,000


Property details

Another Block Sold by Sydney's Apartment Block Specialists

Set on 841sqm in a prime Parramatta location, this entire block of 8 x 2 bedroom apartments presents a rare opportunity to secure an income-producing asset with outstanding development potential. All with lock up garages, balconies and internal laundries. An amazing location, only seconds to the Light Rail, Parramatta Station, Westfield, schools and cafés, the property benefits from exceptional connectivity and sits within a high density zoning allowing significant future uplift (STCA). Currently returning $183,820pa with scope to further increase.

• Entire block of 8 x 2 bedroom apartments
• Secure investment with strong rental income potential
• 8 on-site parking plus additional visitor parking
• Zoned LMR with outstanding redevelopment potential (FSR 3:1, height limit 40m)
• Ideal "land bank" opportunity in a rapidly evolving precinct
• Moments to shops, transport, schools, and local amenities
• Invest now, hold for future growth or redevelop (STCA)

Ray White Double Bay - Exceptional Living Begins Here
Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY

Explore the area


School catchments

  • St Patrick's Primary School Primary K-6 Catholic 0.26km
  • Parramatta North Public School Primary K-6 Government 0.32km
  • Bayanami Public School Primary K-6 Government 0.51km
  • Secondary College of Languages Combined Government 0.82km
  • Parramatta East Public School Primary K-6 Government 1.1km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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