For Sale

15 Castle Street, North Parramatta, NSW 2151

Auction 7/11/26 On site

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

1,170 m²

Area

Published on Thursday, October 01, 2026 ( See property details for 15 Castle Street, North Parramatta, NSW 2151)

Auction 7/11/26 On site

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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 highly desirable investment opportunity featuring 10 fully leased two-bedroom units on a level 1,170 sqm block in North Parramatta, with excellent amenities and strong rental returns.

🏡 Property Highlights

Substantial investment with 10 fully leased two-bedroom units
Prime North Parramatta location close to CBD amenities
Generous 1,170 sqm level block with ample parking for 12 vehicles
Recent upgrades including refreshed common areas and renovated units
Strong rental income of $274,560 per annum with long-term tenants
Potential for development or land banking in a rapidly growing precinct

✨ Key Features

Balcony
Open-Plan Living
Built-in Robes
Internal Laundry
Garage / Secure Parking
Outdoor Area / Balcony
Floorboards
Pet-Friendly
Security Screens / Gates
Fully fenced

Suburb and Property Insights of North Parramatta, NSW 2151

North Parramatta is a vibrant and well-established suburb offering excellent connectivity to Sydney’s CBD via light rail and major roads. It boasts a range of amenities including shopping centres, parks, educational institutions, and entertainment venues. The area is experiencing growth with increasing demand for quality rental properties, making it ideal for investors. Its proximity to Parramatta CBD ensures convenient access to employment hubs, healthcare, and recreational facilities. The neighbourhood combines suburban tranquility with urban convenience, attracting both tenants and future development prospects.

Frequently Asked Questions

What is the current rental income and occupancy status?

The property generates a rental income of $274,560 per annum with some long-term tenants currently in place.

Are there any recent renovations or upgrades?

Yes, the common areas have been refreshed with new carpet and paint, and four units feature renovated kitchens, laminate flooring, and new paint.

What are the future development or land use possibilities?

The property is situated on a substantial 1,170 sqm level block, offering potential for development or land banking in a rapidly growing precinct.

What amenities and attractions are nearby?

The property is conveniently located near Parramatta CBD attractions including The Light Rail, Parramatta Square, Westfield Parramatta, Church Street dining precinct, Western Sydney University, Parramatta Park, CommBank Stadium, Westmead Health Precinct, and the Parramatta River.

Is there parking available for residents and visitors?

Yes, the property includes parking for 12 cars, comprising 7 carports, 5 open spaces, including 2 visitor spaces.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could affect future development? Have all necessary approvals been obtained for the renovations and current use? Are there any easements, covenants, or encumbrances on the property? What are the ongoing maintenance costs for the common areas and units? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects that could impact the property? What are the strata or body corporate fees and their coverage? Are there any restrictions on pet ownership within the units? Has the property been inspected for structural issues or pests? Are there any planned or ongoing construction activities nearby that could cause noise or disruption?

15 Castle Street, North Parramatta, NSW 2151 - More Details

Auction 7/11/26 On site

A tightly held investment opportunity comprising of 10 strata title two-bedroom units. Set on an approximate 1,170sqm level block in a highly convenient North Parramatta location. This classic full-brick complex represents an exceptional opportunity for investors, developers and land-bankers seeking a substantial holding in one of Western Sydney's established and increasingly connected precincts.

• 10 x two-bedroom, 1 bath, 1 car, int. laundry + balcony
• Parking for 12 cars include: 7 carports, 5 open car spaces which include x 2 visitors spaces
• Common areas have been refreshed with new carpet and paint
• Four of the units have renovated kitchens, laminate flooring and new paint
• Rental income of $274,560 per annum, some long term tenants

Conveniently positioned near the attractions and amenities of Parramatta CBD, including:

The Light Rail
Parramatta Square
Westfield Parramatta
Church Street dining and entertainment precinct
Western Sydney University
Parramatta Park
CommBank Stadium
Westmead Health Precinct
Parramatta River and Riverside Theatres

Type: Block Of Units
Bedrooms: 20
Bathrooms: 10
Parkings: 12
Area: 1,170 m²

Map & nearby places — 15 Castle Street, North Parramatta, NSW 2151

Explore 15 Castle Street, North Parramatta, NSW 2151 in 3D

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Nearby schools, parks, shopping, transport, health & dining
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15 Castle Street, North Parramatta, NSW 2151

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