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Overview
This exceptional property represents a rare opportunity to purchase a complete seven-unit building block under a single title, located in the heart of Wentworthville. The building is a non-strata, three-story construction positioned on a 919.7 square meter parcel of land, making it ideal for investors seeking a valuable addition to their portfolio or large families looking for spacious accommodation.
The building features a total of seven units, each endowed with a spacious bedroom tiled throughout and private balconies providing outdoor living spaces. With a total of 16 bedrooms and 9 bathrooms across the units, the property offers substantial living areas suitable for multiple tenants or extended family use.
Parking is available via an underground basement which also includes storage options, catering to the needs of residents and tenants alike. Low maintenance finishes throughout complement the building’s practical design, emphasizing convenience and ease of management.
The property has proven to be a reliable income generator with a current rental return of approximately $247,678 per annum, equating to about $20,639 per month. All units are currently leased, reflecting steady demand and excellent occupancy rates in this sought-after location.
Strategically located just 450 meters from Wentworthville Train Station, residents enjoy quick access to public transport and a range of nearby amenities. The location enhances the property's attractiveness to tenants and future buyers, making it a compelling investment opportunity.
The flexibility of this property also offers possibilities for future owners: it can be occupied as a single large residence for extended family living, or the individual units can be strata-titled and sold separately, providing multiple avenues for value extraction.
Potential purchasers are encouraged to conduct their own enquiries to verify all information and assess this property’s full potential. This versatile building appeals both to investors seeking a high-demand rental asset and to families desiring ample living space with convenient access to urban amenities.
Local Market Insights
In Wentworthville, Quiet Listings observed 25 new apartments entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $606,520. The property type mix of listed properties is predominantly Houses at 46%, followed by apartments (21%), and units (15%). The most active agency for apartments in the Wentworthville area is currently TAG RE | REAL ESTATE, representing 16% of new listings, followed by Ray White with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Change History
| Headline | When |
|---|---|
| $4,900,000 – $4,990,000 | |
| $4,900,000 - $4,990,000 |
Location
Wentworthville NSW 2145
Market Insights for Wentworthville NSW 2145
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