1-13/7 Houison Street, Westmead, NSW 2145

Price Guide: $8,500,000

Block Of Units
Type
23
Bedrooms
20
Bathrooms
16
Parkings
911.1 m²
Area

Published on Tuesday, June 09, 2026 ( See property details for 1-13/7 Houison Street, Westmead, NSW 2145)

Price Guide: $8,500,000

George Lattouf George Lattouf Managing Director | Principal Licensed Sales Executive
Daniel Eid Licensed Sales Agent | Residential
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and substantial block of 13 modern units in a prime Westmead location offering strong income and development potential.

🏡 Property Highlights

  • Prime corner block position with substantial 911.1sqm land area
  • High-density zoning with potential for future development
  • Consistent rental income of over $437,000 annually with scope to increase
  • Diverse mix of 10 x 2-bedroom, 2 x 1-bedroom, and 1 x studio apartments
  • Modern finishes including gas kitchens and stone benchtops throughout
  • Secure basement car parking with allocated spots and visitor spaces

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking

Westmead is a vibrant and rapidly expanding suburb renowned for its medical precinct, excellent transport links, and proximity to Parramatta CBD. Key highlights include its diverse community, strong rental demand, and future growth prospects, making it an ideal location for investors and homeowners alike.

What is the current rental yield for this property?
The property currently returns approximately $437,420 per annum, with potential to increase to around $462,800 per annum, offering a strong yield for investors.
Are there any development restrictions or future zoning plans?
The property is zoned R4 High Density with a floor space ratio of 1.2:1 and a height limit of 15 metres, providing scope for future development or land banking.
What are the ongoing outgoings and costs?
Approximate quarterly outgoings include water levies of $3,039.57, council levies of $2,672.03, with annual costs for insurance at $8,800 and land tax at $29,200.
Is there secure parking available for residents and visitors?
Yes, the property features a secure basement car park with one allocated spot per apartment and additional visitor parking spaces.
What amenities and transport options are nearby?
The property is approximately 1.3km from Westmead train station and light rail, 1.7km from Westmead Hospital, and close to Westfield Parramatta and Parramatta train station.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property been recently renovated or does it require maintenance or upgrades? Are there any upcoming development plans or zoning changes in the area that could impact the property's value? What are the strata or body corporate fees and regulations applicable to this block of units? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned infrastructure projects or construction activities nearby that could cause noise or disruption? What are the terms of the current lease agreements, and when are they due for renewal? Are there any hidden costs or additional fees associated with the property or its management? Is the property compliant with all local building codes and safety standards? What is the long-term outlook for the Westmead precinct in terms of growth and development?

1-13/7 Houison Street, Westmead, NSW 2145 - More Details

Price Guide: $8,500,000

Type
Block Of Units
Bedrooms
23
Bathrooms
20
Parkings
16
Area
911.1 m²

Interactive Property Floorplan - 1-13/7 Houison Street, Westmead, NSW 2145

1-13/7 Houison Street, Westmead, NSW 2145
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Living Room

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