Raine & Horne Commercial Parramatta is pleased to present to market an opportunity to secure a small block of Eight (8) residential units strategically located in Westmead.
22 Priddle Street, Westmead has direct access to Parramatta CBD via Great Western Highway. In close proximity are major arterial roads such as Hawkesbury Road, M4 Western Motorway and Cumberland Highway.
The property also takes advantage of its proximity to Westmead Health Precinct, Parramatta Leagues Club, Commbank Stadium and is only 3km* to Parramatta CBD. Westmead Railway Station and Bus Interchange is closely located approximately 300m* from the property.
Features include:
Passing Income: $182,520*
Land Area: 715sqm*
One (1) Title
6 x 2 Bedroom units & 2 x 3 Bedroom Units
Ongrade Parking with Lock Up Garages to each unit
Full Brick Construction
Fully Tenanted
To obtain an Information Memorandum, please submit an enquiry below.
For Sale via Auction - Saturday 20th May 2023 Onsite at 1.30pm
Disclaimer: Raine & Horne Commercial Parramatta advise the information displayed in this advertisement has been received through a third party. We have used our best endeavours to ensure the information contained in this advertisement is accurate and true however we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements which may be contained. Interested parties are urged to make independent enquiries to verify any information detailed or not stated in this advertisement.
*approximately
The size of Westmead is approximately 2.9 square kilometres. It has 17 parks covering nearly 5.4% of total area. The population of Westmead in 2016 was 16309 people. By 2021 the population was 16555 showing a population growth of 1.5% in the area during that time. The predominant age group in Westmead is 30-39 years. Households in Westmead are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Westmead work in a professional occupation.In 2021, 28.90% of the homes in Westmead were owner-occupied compared with 31.50% in 2016.
Westmead has 8,451 properties. Over the last 5 years, Houses in Westmead have seen a 23.47% increase in median value, while Units have seen a 10.71% increase. As at 31 March 2026:
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