8 Ruby Street, Carramar NSW 2163

This rare investment opportunity presents an entire block of 12 well-maintained two-bedroom residences consolidated on a substantial landholding of approximately 1,355 square metres in the heart of Carramar. Offering immediate scale and multiple income streams under a single title, this complex provides a robust platform for diversified and reliable rental income, currently generating an estimated $235,040 per annum with projections suggesting growth to between $262,080 and $280,800 annually.

Investors can appreciate the efficiency in management and control that owning an entire complex affords, removing complexities tied to fragmented ownership across multiple sites. Its strong rental appeal is bolstered by convenient proximity to essential amenities including schools, shopping centers, and transport infrastructure. Notably, the property is just a short four-minute walk to Carramar Railway Station, ensuring direct access to Sydney’s wider rail network, and close to Fairfield and Cabramatta, enhancing tenants’ lifestyle and connectivity.

The block features surface car parking for 12 vehicles, ensuring ample convenience for residents. Air conditioning, balconies, built-in wardrobes, and openable windows deliver comfort and functionality to the living spaces, enhancing tenant appeal and retention. The location in an established Western Sydney suburb provides a stable market with the potential for asset management to further improve rental returns.

This offering is suited to discerning private investors, syndicates, family offices, or portfolio buyers seeking a substantial residential asset with long-term flexibility and multiple separate rental income streams within a single cohesive investment.