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Colliers & Stone Commercial are excited to offer 187-191 Parramatta Road, Camperdown to market for sale via Expressions of Interest closing 3:00pm Thursday, 6 March 2025.
Key investment highlights:
- Connected 423.7m²* corner site
- Vast boundaries showcasing outstanding natural light
- Diverse income stream with 64 Studio apartments, 1 retail shop and a billboard
- Gross passing income below market rent at $1,100,000 per annum ($280 per week per studio)
- Gross market income below market estimated at $1,360,000+ per annum ($340 per week per studio)
- Ability to leverage the burgeoning rental market that increased 19.99% since January 2022** with a sharp 1.8%** vacancy rate
- Strong positioning within the tightly held Inner Western suburb of Camperdown
- Exclusive pocket within Camperdown, only 4.4km* to the Sydney CBD
*approximately.
** According to the Domain Rent Report.
For further information don’t hesitate to contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
Colliers & Stone Commercial are excited to offer 187-191 Parramatta Road, Camperdown to market for sale via Expressions of Interest closing 3:00pm Thursday, 6 March 2025.
Key investment highlights:
- Connected 423.7m²* corner site
- Vast boundaries showcasing outstanding natural light
- Diverse income stream with 64 Studio apartments, 1 retail shop and a billboard
- Gross passing income below market rent at $1,100,000 per annum ($280 per week per studio)
- Gross market income below market estimated at $1,360,000+ per annum ($340 per week per studio)
- Ability to leverage the burgeoning rental market that increased 19.99% since January 2022** with a sharp 1.8%** vacancy rate
- Strong positioning within the tightly held Inner Western suburb of Camperdown
- Exclusive pocket within Camperdown, only 4.4km* to the Sydney CBD
*approximately.
** According to the Domain Rent Report.
For further information don’t hesitate to contact the exclusive selling agents.
Remember to mention you found this property on CommercialReady
187-191 Parramatta Road, Camperdown, NSW, 2050
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