Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

3 Wandella Road, Miranda NSW 2228

| Guide $6,750,000

Search Band Search Visibility Band

$6.75M - $7.09M Transparent Transparent Listing Based on an openly advertised listing price.

Unit 13 Beds 10 Baths 10 Cars 613 m²

Listed: yesterday

Overview

This impressive boutique residential building offers a rare investment opportunity, consisting of five spacious full-floor apartments within a single title at 3 Wandella Road, Miranda. Perfectly positioned opposite the expansive greenery of Seymour Shaw Park, the property combines attractive contemporary living spaces with the benefit of an established rental income, making it particularly appealing to astute investors looking for immediate returns in a prime location.

Each apartment is thoughtfully designed to optimize space, delivering comfort and functionality with generous open-plan living and dining areas complemented by cozy fireplaces. Well-appointed kitchens include breakfast bars that enhance the practicality of everyday living and entertaining. Spacious bedrooms feature built-in wardrobes with master suites enjoying private ensuites, while private outdoor spaces such as balconies and courtyards provide excellent areas for relaxation and entertaining.

The building offers a mix of two and three-bedroom apartments, including a ground-floor unit with a large wraparound courtyard, three intermediate three-bedroom units, and a top-floor apartment with an expansive wraparound balcony, allowing a variety of living preferences.
Lift access, internal laundries, and additional storage areas throughout the building enhance convenience for residents.
Accommodation across the building totals 13 bedrooms, 10 bathrooms, and 8 car parking spaces, reflecting the substantial scale and capacity of this holding.
Currently fully tenanted under residential leases, the combined weekly rental income stands at $5,100, equating to a healthy annual figure of around $265,200.
Beyond the property itself, the location offers exceptional lifestyle benefits with close proximity to Westfield Miranda for shopping, Miranda Train Station for connectivity, and a selection of cafes and restaurants alongside an array of local amenities.

Offering both a high-quality living environment and a solid income stream, this unique boutique building represents a compelling addition to any residential investment portfolio, especially suited to investors seeking a well-located, turnkey asset with multiple income streams in Sydney's vibrant southern suburbs.

Local Market Insights

In Miranda, Quiet Listings observed 3 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $2,766,667. The property type mix of listed properties is predominantly Houses at 39%, followed by apartments (31%), and duplexes (17%). The most active agency for units in the Miranda area is currently Harwood Property Agents, representing 33% of new listings, followed by The Agency with 33%. 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.