SOLD – Merrylands Mixed Development Site (NSW)
315-323 Merrylands Road, Merrylands NSW 2160
Key features include:
- Fully leased, strata subdivided, mixed-use development completed circa 2019
- 44 apartments, 4 retail shops, and 69 basement parking
- Gross passing income of $1.45m
- Apartment mixes are made up of 1, 2 and 3 bedrooms, all with parking and large well apportioned internal layouts
- Predominately leased to NSW Land & Housing Corporation, a AAA rated Government tenant
- Located 400 metres* of Stockland Merrylands, 800m* of Merrylands Station and only 50 metres* to local bus routes and nestled between Holroyd, Parramatta and Guildford
- Situated in a competitive rental and sales market with strong anticipated rental yield and sales realisation
This property is now sold.