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

Laing & Simmons Merrylands is pleased to present 1-13/7 Houison Street Westmead NSW 2145.

A rare offering of scale and substance, this entire block of thirteen (13) units presents an exceptional opportunity to acquire a high-performing residential investment in one line. Delivering strong holding income and substantial upside, the property offers investors seeking both immediate returns and long-term capital appreciation.

- Prime corner block position with total area of 911.1sqm with 22.81m frontage (approx.)
- Combination of 10 x 2-bedroom apartments, 2 x 1-bedroom apartments and 1 x studio apartment with entry on Booth Street
- All apartments enjoy modern finishes throughout including kitchens with gas cooking and stone bench tops plus open plan living and dining areas
- Secure basement car park with one (1) allocated parking spot for each apartment plus visitor parking spaces
- Ideally suited for land banking or investors looking for strong yield in a rapidly expanding precinct
- Currently returning $437,420 per annum with potential scope to increase to approximately $462,800 per annum
- Zoned R4 High Density with floor space ratio of 1.2:1 and height limit of 15 metres
- Approximately 1.3km to Westmead train station and light rail, 1.7km to Westmead Hospital and Medical Precinct
- Centralised location within close proximity to Parramatta CBD, only 1.3km to Westfield Parramatta and 1.7km to Parramatta train station
- Approximate current outgoings: Water levies: $3039.57 per quarter | Council levies: $2672.03 per quarter | Insurance: $8,800 per annum | Land Tax: $29,200 per annum

Laing & Simmons Merrylands and its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries.
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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