HUGE 2 Beds in Blacktown From $615,000

 

Some areas of Sydney are still red hot for investors, and this is definitely one!

Benchmark off a multi billion dollar masterplan makeover happening on your doorstep. Given the growth story, the price point, the quality property, and the 5% rental returns, it makes a lot of sense.

This is not your ordinary Western Sydney complex, the quality here is like nothing being produced in the area. However, the prices are on point with inferior comparables and the rents are screaming for investor opportunity!

Investment overview:

  • Yield: 5%+ returns
  • 2 beds Price: $615k – $625k
  • Completion: December 2023
  • 83 units (mixture of 1, 2 and 3 bedroom units) spread over just 6 levels
  • 700m from Blacktown Railway station
  • 1.1% vacancy rate
  • Units here have increased by 340.1% over the last 30 years.
  • 34 km from CBD, 12km from Parramatta CBD, 9km from Norwest Business Park.
  • NSW fastest growing suburb & 2nd fastest growing suburb in Australia
  • Located in the gentrifying western suburbs. Employment epicentre and booming infrastructure spend.
  • $2 billion invested locally from the private sector. $787m invested locally by public sector
  • Local Builder/Developer combination, strong track record of quality performance
  • Literally opposite Blacktown Westpoint (over 250 speciality shops)
  • Central atrium providing natural light and airflow throughout floor plans
  • Roof Top kids playgrounds and entertaining areas.
  • Development overlooking greenspace

Check out this render vs reality we took on our site tour last week. This is going to be an award winner!

Apartment details

  • 2.7m ceiling height
  • Modern gas kitchens with stainless steel European appliances
  • Kitchen benches crowned with 40mm Caesarstone benchtops
  • Carpeted bedrooms, each with glass mirror wardrobes and shelving
  • Bathrooms feature ceramic floor to ceiling tiles and bathtubs
  • Internal laundries include a steel unit and an electric dryer
  • Ducted air conditioning & recessed down-lights
    throughout
  • Roller blinds, locks and flyscreens on windows
  • Open lounge/dining spaces configured to extend outdoors
  • Seamless flow to all-weather balconies, ideal for entertaining
  • Common rooftop with landscaped gardens and a playground
  • Secure underground parking with storage on each title
  • Lift access, security intercom, garbage chutes &
    lockup storage cages

Sample Apartment

  • $620k
  • 2 bed, 2 bath, 1 car
  • Level 2
  • 81sqm internally + 16sqm balcony
  • Superior corner apartment South/West
  • Rental appraisal $600-$650pw (attached)

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DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.