Home/Properties/Parramatta/11/22-24 Tennyson Street

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11/22-24 Tennyson Street

Parramatta, NSW 2150, Australia

2 bed 0 bath 1 car105m²

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AI Valuation Estimate

$526,400 – $593,600

Based on recent comparable sales in Parramatta

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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About this property

Representing outstanding value, this huge third floor dual-key opportunity delivers the ultimate combination of flexibility, convenience, and strong rental return in a highly sought-after pocket of Parramatta. Offering two fully self-contained residences, a large one-bedroom apartment and separate studio apartment, this unique property is a perfect opportunity for investors chasing high yield or a first home buyer looking to offset their mortgage with immediate rental income. With a potential rental income of $980 per week and a 7.5% gross rental yield this will not last long. Property features: -Large 1-bedroom unit: -Spacious bedroom with built-in -Open plan living and dining space -Modern bathroom -Large kitchen -Secure basement parking with storage cage -Currently leased for: $550pw -Rental potential: $600pw Spacious studio: -Kitchenette -Light filled bedroom -Clever storage options -Modern bathroom -Currently leased for: $365pw -Rental potential: $380pw -Combined rental potential of $980pw -Currently returning $915pw -Secure parking -Well-maintained complex -105m2 in total -87m2 internal Location: -500m to Bus Stop -1km to Western Sydney University -1.6km to Doyle Ground -2.2km to Parra Square and -2.3km to Westfield Parramatta