11/22-24 Tennyson Street, Parramatta, NSW 2150

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11/22-24 Tennyson Street, Parramatta, NSW 2150-Image

11/22-24 Tennyson Street, Parramatta, NSW 2150

$650,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

105 m²

Area

Last updated on Tuesday, August 18, 2026 ( See property details for 11/22-24 Tennyson Street, Parramatta, NSW 2150)

$650,000

Ray Fayad - Real Estate Agent - Laing+Simmons - Parramatta

Ray Fayad Group Principal

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Peter Younan - Real Estate Agent - Laing+Simmons - Parramatta

Peter Younan Sales Executive

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious dual-key apartment in Parramatta offering excellent rental income potential and flexible living options in a prime location.

🏡 Property Highlights

Dual-key design offering two self-contained residences for versatile living or investment.
Strong rental income potential with a combined weekly rent of $980 and high gross yield.
Prime location in sought-after Parramatta, close to transport, education, and shopping amenities.
Secure basement parking with additional storage for convenience and peace of mind.
Well-maintained complex with modern bathrooms and spacious living areas.
Ideal for investors seeking high yield or first-home buyers looking to offset mortgage costs.

✨ Key Features

Garage
Built-in Robes
Open-Plan Living
Security Screens / Gates
External Storage (Shed/Linen)
Waterfront / Views
Pet-Friendly
Home Office / Study
Ceiling Fans
NBN / High-Speed Ready

Suburb and Property Insights of Parramatta, NSW 2150

Parramatta is a vibrant and rapidly growing suburb renowned for its excellent transport links, diverse shopping and dining options, and proximity to educational institutions like Western Sydney University. The area offers a mix of modern apartments and historic sites, making it ideal for both investors and residents. With ongoing development and infrastructure upgrades, Parramatta continues to be a highly desirable location for lifestyle and investment. Key highlights include its accessibility, community amenities, and strong rental demand.

Frequently Asked Questions

What is the condition of the apartments and are there any recent renovations?

The apartments are well-maintained with modern bathrooms and kitchens, reflecting recent updates and ongoing upkeep.

What are the strata or body corporate fees associated with this complex?

Strata fees are applicable for the complex, covering maintenance, insurance, and communal services; specific details can be obtained from the selling agent.

Are there any restrictions or covenants on the property regarding rentals or renovations?

The property is currently leased and suitable for investment; any restrictions on renovations or rentals should be confirmed with the strata or local council.

What are the potential costs involved in property management and maintenance?

Ongoing costs include strata fees, property management, insurance, and maintenance, which should be factored into the investment analysis.

Is the property located in a flood or bushfire-prone area?

The property is situated in a well-developed urban area of Parramatta with low risk of flooding or bushfire, but local council maps should be checked for confirmation.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect property value? What are the long-term maintenance costs and any upcoming special levies for the complex? Are there any existing or past issues with pests, structural defects, or water ingress? Is there any history of disputes within the strata or body corporate? Are there any restrictions on future renovations or extensions to the property? What are the noise levels and neighbour relations like in the complex? Are there any easements or encumbrances affecting the property? Has the property been affected by any recent flooding or environmental risks? What is the history of rental income and vacancy rates for similar units in the complex? Are there any planned infrastructure projects nearby that could impact the property’s value or livability?

11/22-24 Tennyson Street, Parramatta, NSW 2150 - More Details

$650,000

Representing outstanding value, this huge third floor dual-key opportunity delivers the ultimate combination of flexibility, convenience, and strong rental return in a highly sought-after pocket of Parramatta. Offering two fully self-contained residences, a large one-bedroom apartment and separate studio apartment, this unique property is a perfect opportunity for investors chasing high yield or a first home buyer looking to offset their mortgage with immediate rental income. With a potential rental income of $980 per week and a 7.5% gross rental yield this will not last long.

Property features:
-Large 1-bedroom unit:
-Spacious bedroom with built-in
-Open plan living and dining space
-Modern bathroom
-Large kitchen
-Secure basement parking with storage cage
-Currently leased for: $550pw
-Rental potential: $600pw

Spacious studio:
-Kitchenette
-Light filled bedroom
-Clever storage options
-Modern bathroom
-Currently leased for: $365pw
-Rental potential: $380pw

-Combined rental potential of $980pw
-Currently returning $915pw
-Secure parking
-Well-maintained complex
-105m2 in total
-87m2 internal

Location:
-500m to Bus Stop
-1km to Western Sydney University
-1.6km to Doyle Ground
-2.2km to Parra Square and
-2.3km to Westfield Parramatta

Type: Apartment
Bedrooms: 2
Bathrooms: 2
Parkings: 1
Area: 105 m²

Map & nearby places — 11/22-24 Tennyson Street, Parramatta, NSW 2150

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11/22-24 Tennyson Street, Parramatta, NSW 2150

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