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  • 45 Iron Street, NORTH PARRAMATTA, NSW 2151

45 Iron Street, North Parramatta, NSW 2151

  • 2 Bed
  • 1 Bath

Sold

Auctioned

Small Block Of Residential Units

First time offered in 46 years, Raine & Horne Commercial Parramatta is pleased to present to market a rare opportunity to secure a small residential block located on the fringe of Parramatta CBD. 45 Iron Street, is surrounded by some of the City's best amenities with direct access to Parramatta CBD via Church Street. In close proximity are major arterial roads such as Windsor Road and James Ruse Drive. The property also takes advantage of its proximity to Westmead Health Precinct, Parramatta Leagues Club, Commbank Stadium and is only 300m* to North Parramatta neighbourhood shops. A bus stop is located across the road and the Parramatta Light Rail (Est. 2023) is located 700m* on the corner of Church & Factory Streets. Features include:
• Passing Income: $89,460*
• Land Area: 767sqm*
• One (1) Title
• 4 x 2 Bedroom units
• 1 x 1 Bedroom unit
• Ongrade Parking and Double Lock Up Garage
• Full Brick Construction
• Fully Tenanted
• Potential Rental Upside on Refurbishment Open for Inspections will be held every Saturday from 11am to 12pm. (Auction Day Open for Inspection will be held 10:30am to 11am) For Sale via Auction
- Saturday 15th October 2022 Onsite at 11am For further details please call the exclusive agent. (*approximate)

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avatar Christian Cirillo
Christian Cirillo
Director
avatar Duarte Figueira
Duarte Figueira
Director

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Property Info:
  • Property ID: L20409054
  • Property Type:Block of Units
  • Building / Floor Area:767 sqm
  • Land Area:767 sqm
We Know Your Area
R&H Suburb Profile: North Parramatta
R&H Suburb SummaryHouses
Number of sales46
Average Price$1,674,326
Median Price$1,602,500
Median Rental Price$700 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales173
Average Price$695,535
Median Price$620,000
Median Rental Price$540 p.w.
Change in Rental Rate (5yr)29 %
Median Trend - $1,602,500
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