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JLL as the exclusive selling agent, is pleased to offer 16 Billabong Street, Pendle Hill For Sale by way of Expressions of Interest.<br/><br/>Architecturally designed with modern finishes, furnishings and appliances throughout, this co-living investment represents a premium opportunity to purchase, manage and control a brand new block of 19 self-contained studio apartments in-one-line.<br/><br/>Investment highlights include:<br/><br/>• 19 fully furnished, self-contained studio apartments all featuring kitchen, laundry and bathroom facilities, coupled with a dining space and select rooms with skylights and balcony<br/>• A low maintenance building with a well appointed common room, lift access to all levels and video security intercom for residents to enjoy<br/>• Capitalise on the current rental market conditions underpinned by upward pressures on rents, record low vacancy rates with limited supply in the pipeline and the return of international students and migrants<br/>• Secure basement parking for six cars along with motorbike parking and bicycle storage available for tenants<br/>• Currently 100% occupied<br/>• Positioned in a key growth area, only 5.5km* from Parramatta CBD<br/>• Maximum depreciation benefits and no GST payable (sale as a going concern)<br/>• Conveniently positioned and highly connected within immediate proximity to Pendle Hill train station only 300m* away, local bus stops and easily accessible to major arterial roads connecting Greater Sydney<br/>• Strategically located nearby to major health precincts including Westmead Health, Education and Research Precinct which is undergoing a significant $1 billion redevelopment, the biggest health infrastructure project in the state <br/><br/>* Approximate<br/><br/>For Sale by Expression of Interest, closing Wednesday 13th September 2023 at 4pm (AEST).<br/><br/>All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
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