1-4/149 Parramatta Road, Haberfield, NSW 2045

For Sale | $3.95m

Block Of Units
Type
13
Bedrooms
4
Bathrooms
4
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 1-4/149 Parramatta Road, Haberfield, NSW 2045)

For Sale | $3.95m

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

A rare investment opportunity comprising four fully renovated apartments on a prominent parkfront site with strong income and redevelopment potential in Haberfield.

🏡 Property Highlights

  • Entire block of 4 fully renovated and furnished apartments
  • Secure lease to an established accommodation operator
  • Excellent redevelopment and value-add potential (STCA)
  • Prime parkfront location opposite Ashfield Park
  • Strong rental income of $195,000 per annum
  • High-exposure position along Parramatta Road with excellent connectivity

✨ Key Features

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

Haberfield is a highly sought-after suburb renowned for its charming heritage homes, vibrant community atmosphere, and excellent amenities. It offers strong connectivity to Sydney CBD via major arterials, proximity to parks and local shops, and a growing demand for quality rental accommodation. The area combines lifestyle appeal with investment stability, making it ideal for both tenants and investors. With ongoing redevelopment potential, Haberfield continues to attract discerning buyers seeking long-term growth.

What is the current condition of the apartments and what renovations have been completed?
The apartments have been fully renovated and furnished by an established operator, ensuring modern finishes and move-in readiness.
What are the future development or redevelopment options for this property?
The property offers excellent potential for rental uplift, strata subdivision, or redevelopment (STCA), subject to council approval.
How is the property currently leased and what is the rental income?
The entire block is securely leased to an accommodation operator, generating a total annual income of $195,000.
What amenities and transport options are available nearby?
The property is opposite Ashfield Park, with easy access to transport, major arterials, and local amenities, providing excellent connectivity.
Are there any zoning restrictions or planning controls affecting redevelopment?
The property is within the E3 zoning, which allows for redevelopment and future development opportunities subject to council approval.
Are there any hidden costs or ongoing maintenance fees associated with the property? What planning approvals or permits are required for redevelopment or subdivision (STCA)? Are there any existing defects or issues with the apartments or building structure? Is the property located within a flood or bushfire risk zone? Are there any restrictions or easements affecting the property's use or redevelopment plans? What are the terms of the lease with the current operator, and are there any upcoming lease expirations? Are there any planned nearby developments or construction that could impact the property? What are the strata or body corporate arrangements, if applicable? Is there any ongoing or upcoming maintenance required for the building or common areas? Are there any noise or neighbour-related concerns in the area that could affect living or investment prospects?

1-4/149 Parramatta Road, Haberfield, NSW 2045 - More Details

For Sale | $3.95m

Set on a prominent parkfront site opposite Ashfield Park, this entire block of 4 apartments presents an exceptional investment opportunity with strong holding income and future upside (STCA). The property is securely leased to an accommodation operator who has fully renovated and furnished the apartments, managing all day-to-day operations and upkeep.

Positioned along the high-exposure Parramatta Road corridor in the heart of Haberfield, the asset benefits from excellent connectivity, strong tenant demand and long-term redevelopment potential within the E3 zoning.

• Entire block of 4 apartments with parking
• Securely leased to established operator managing furnishing, upkeep and operations
• Excellent value-add potential via rental uplift, strata subdivision or redevelopment (STCA)
• Opposite Ashfield Park with easy access to transport, major arterials and local amenities
• Currently returning $195,000pa

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Type
Block Of Units
Bedrooms
13
Bathrooms
4
Parkings
4

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