1-6/16-18 Holdsworth Street
Merrylands, NSW 2160

Overview

1-6/16-18 Holdsworth Street, Merrylands

This exceptional property offers a unique investment opportunity comprising an entire block of six villas located in the prime suburb of Merrylands. The block is being offered for the first time, presenting a rare chance to acquire multiple residences in one attractive package with the potential for future strata subdivision, subject to council approval.

Currently, all six villas are leased, generating a strong and consistent income stream. There is significant potential to enhance rental returns through refurbishment, making this an ideal prospect for investors seeking to diversify their portfolio or developers interested in future development opportunities.

The complex is strategically positioned close to key amenities including Stockland Mall Merrylands, Merrylands train station, Merrylands Park, and a variety of local schools, shops, and dining options. This convenient location enhances the appeal for tenants and future residents alike.

Key features of the property include:

• Prime investment opportunity in a highly sought-after location
• Total land area of approximately 1819 square meters with a frontage of 32.90 meters
• Comprises six villas: five with three bedrooms and one with two bedrooms
• Combination of double and single lock-up garages, with additional visitor parking allocated within the complex
• Estimated fully let annual income of $202,800, with all villas currently leased
• Potential to increase rental income substantially through refurbishment
• Spacious and well-proportioned floor plans, including allocated ensuites
• Current approximate outgoings include water charges of $1781.90 per quarter and council rates of $1621 per quarter
• Located just 1.4 kilometers from Stockland Merrylands and Merrylands train station
• Each villa features private courtyards and the complex is superbly maintained
• Potential for strata subdivision, subject to council approval

This property represents a compelling opportunity for astute investors or developers to secure a substantial asset in a thriving area with excellent growth prospects. The combination of strong current income, refurbishment potential, and future development possibilities makes this block of villas a standout offering in the Merrylands market.

Interested parties are encouraged to conduct their own inquiries and inspections to fully appreciate the value and potential of this unique investment opportunity.

Location