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Overview
Situated in the vibrant heart of Sydney's second CBD, this apartment at 202/13-15 Hassall Street offers a compelling investment opportunity, perfectly positioned just minutes on foot from Parramatta's train station and Western Sydney University. The proximity to Westfield Shopping Centre and the ferry terminal further enriches its appeal, providing convenient access to a wide range of amenities and transportation options.
This apartment features a unique dual key design, a practical layout that unlocks the potential for double rental income. One side is currently occupied by a long-term tenant, ensuring stable, ongoing cash flow, while the other side offers the flexibility of service apartment rentals, allowing for maximized returns. This versatility makes it particularly attractive for investors seeking both reliability and growth potential.
An included parking space adds to the convenience and desirability of the property, a premium offering in the bustling Parramatta area. The apartment’s location and design cater strongly to investors focused on capital growth and rental yield, given the area's ongoing development and economic significance.
- Prime location close to transport, education, retail, and leisure hubs
- Innovative dual key layout facilitating diverse income streams
- Secure parking space included
- Strong investment focus with promising appreciation potential
In all, this apartment presents a well-considered investment choice, offering both steady rental income and adaptable leasing options within a thriving commercial and educational precinct.
Local Market Insights
In Parramatta, Quiet Listings observed 75 new apartments entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $608,913. The property type mix of listed properties is predominantly Apartments at 66%, followed by units (18%), and houses (8%). Ray White was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. 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.
Location
Parramatta NSW 2150
Market Insights for Parramatta NSW 2150
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
