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Dual-Key Apartment Dual Income 7.5% Gross Return For Sale
Dual-Key Apartment Dual Income 7.5% Gross Return Dual-Key Apartment Dual Income 7.5% Gross Return

11/22 Tennyson Street, Parramatta, NSW, 2150

Dual-Key Apartment Dual Income 7.5% Gross Return

Apartment
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Tuesday, March 31, 2026 ( See property details for 11/22 Tennyson Street, Parramatta, NSW, 2150)

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

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

🏡 Property Highlights

  • Dual-key design offering two self-contained residences for versatile living or high rental income
  • Strong rental yield potential of 7.5% with combined weekly income of $980
  • Prime location close to public transport, universities, shopping, and recreational facilities
  • Secure basement parking with additional storage cage for convenience and safety
  • Well-maintained complex with modern amenities and spacious internal layout
  • Ideal for investors seeking high yield or first-home buyers looking to offset mortgage costs

✨ Key Features

  • Built-in Robes
  • Garage / Secure Parking
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Waterfront / Views
  • Ceiling Fans
  • External Storage (Shed/Linen)
  • Pet-Friendly
  • Waterfront / Views

Parramatta is a vibrant and highly sought-after suburb renowned for its excellent transport links, diverse shopping options, and educational institutions. The area offers a dynamic lifestyle with proximity to parks, recreational facilities, and a thriving business district. Its strategic location makes it ideal for both investors and families seeking convenience and growth potential. With ongoing development and strong community amenities, Parramatta continues to be a top choice for property buyers.

What is the current 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 and management, with specific details available upon inquiry.
Are there any restrictions or covenants on the property, such as pet policies or rental restrictions?
The complex is pet-friendly, and there are no known restrictions on renting out the apartments, making it ideal for investors.
What are the zoning and planning regulations affecting this property?
The property is zoned for residential use within Parramatta’s planning framework, suitable for investment or owner-occupier purposes.
Is there any upcoming development or construction planned in the vicinity that could impact the property?
Current planning indicates no significant developments nearby, ensuring a stable environment for residents and investors.
Are there any hidden costs or upcoming maintenance fees associated with the property? Has the property been inspected for structural issues or pest infestations? Are there any easements, zoning restrictions, or planning permits that could affect future use? Is the property located in a flood or bushfire-prone area? Are there any ongoing disputes or issues within the strata or complex management?

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

Dual-Key Apartment Dual Income 7.5% Gross Return

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

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