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Overview
1/68 Macarthur Street, Parramatta
This recently renovated one-bedroom, one-bathroom apartment offers convenient and easy-care living in the heart of Parramatta. Located just a short walk from the bustling Parramatta CBD, this property presents an excellent opportunity for first-home buyers, downsizers, and investors alike.
The apartment features a generous layout with a private entry from Macarthur Street, providing a sense of exclusivity and privacy. The bedroom includes a built-in wardrobe, while the bathroom is well-appointed to meet everyday needs.
Enjoy year-round entertaining in your own private courtyard, perfect for relaxing or hosting guests. The open-plan living area and kitchen are designed for modern living, featuring granite benchtops, a dishwasher, and gas appliances that combine functionality with style.
New laminate flooring flows throughout the apartment, complementing the internal laundry and air conditioning for added comfort. A separate dining area enhances the living space, making it versatile for various lifestyles.
Investors will appreciate the strong rental potential, with the apartment currently renting for $520 per week, delivering a gross yield of approximately 5.8% based on the purchase price. Additional benefits include depreciation tax advantages and positive gearing potential, supported by current competitive interest rates.
Residents have access to complex amenities including a swimming pool and gym, ideal for staying active and cool during warmer months. The location also offers excellent connectivity, with major transport links, Western Sydney University, and parks all within easy reach.
Disclaimer: The property was not furnished at the time the photographs were taken and may not reflect the current state of furnishings. Interested parties are encouraged to conduct their own enquiries to verify details.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Parramatta NSW 2150
Market Insights for Parramatta NSW 2150
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