8 Ruby St, Carramar is a bedroom, 12 bathroom Unit with 12 parking spaces and was built in 1970. The property has a land size of 1355m2.This Property is currently listed for sale with @realty
Forsyth Real Estate is proud to present an exceptionally rare opportunity to secure an entire complex of 12 two-bedroom residences in one tightly held investment.Positioned on approximately 1,355sqm in the heart of Carramar, this substantial holding offers immediate scale, diversified rental income and genuine potential for further rental growth.The complex currently generates approximately $235,040 per annum in rental income, with projected income estimated between $262,080 and $280,800 per annum, presenting a compelling opportunity for investors seeking a high-performing residential asset.Rather than acquiring individual apartments across multiple locations, this offering provides the efficiency and control of owning an entire complex under one title, making it ideally suited to private investors, syndicates, family offices or portfolio buyers.Investment Highlights:- Entire complex comprising 12 well-maintained two-bedroom residences- Substantial landholding of approximately 1,355sqm- Current rental income of approximately $235,040 per annum- Projected rental income of approximately $262,080 to $280,800 per annum- Multiple income streams within a single investment- Strong rental appeal in an established Western Sydney location- Opportunity to improve returns through future rental growth and asset management- Convenient access to transport, shopping, schools and major surrounding centresThe property is positioned approximately four minutes' walk from Carramar Railway Station, providing residents with direct access to the wider Sydney rail network.Fairfield Station and its major shopping precinct are approximately four minutes away by car, while Cabramatta's renowned dining, retail and cultural hub is approximately ten minutes away.Villawood North Public School and Carramar Public School are also located within approximately five minutes' drive.This is a significant opportunity to acquire a substantial residential investment with established income, long-term flexibility and the benefit of 12 separate rental streams.Inspect as advertised or by private appointment. In conjunction with Patricia Ho from @realty. Disclaimer: Forsyth Real Estate believes that this information is correct but it does not warrant or guarantee its accuracy. Certain information has been obtained from external sources. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Figures may be subject to change without notice.
The size of Carramar is approximately 1.0 square kilometres. There are 5 parks, covering nearly 19.2% of the total area. The population of Carramar in 2016 was 3550 people. By 2021 the population was 3475 showing a population decline of 2.1% in the area during that time. The predominant age group in Carramar is 30-39 years. Households in Carramar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Carramar work in a machinery operators and drivers occupation.In 2021, 48.80% of the homes in Carramar were owner-occupied compared with 45.80% in 2016.
Carramar has 1,681 properties. Over the last 5 years, Houses in Carramar have seen a 24.23% increase in median value, while Units have seen a 16.99% increase. As at 31 August 2026:
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