OFF MARKET

1406 / 20 Parkes Street, Harris Park

For Sale
Property Type: Apartment
2 Beds 2 Baths 1 car space

Elevated Luxury at Paramount on Parkes | Currently Rented at $850 Per Week

Premium Living | Resort-Style Facilities | Outstanding Investment Opportunity

Discover sophisticated apartment living at Paramount on Parkes, an award-winning development by ALAND, perfectly positioned moments from Parramatta CBD.

Situated on Level 14, this contemporary residence combines architectural elegance, premium finishes and exceptional lifestyle convenience.

Currently rented for $850 per week, generating approximately $44,200 in gross annual rental income, this property presents an attractive opportunity for investors seeking established rental income in a highly connected location.

PROPERTY HIGHLIGHTS
• Elevated Level 14 apartment
• Contemporary open plan living and dining
• Floor-to-ceiling windows maximizing natural light
• Private balcony for outdoor relaxation
• Premium Fisher & Paykel kitchen appliances
• Engineered stone benchtops and stylish cabinetry
• GROHE tapware and sophisticated bathroom finishes
• Travertine-look porcelain flooring
• Ducted air conditioning with two-zone control
• Built-in wardrobes and internal laundry
• Energy-efficient glazing and LED lighting
• Secure building access, intercom and lifts

EXCLUSIVE RESORT-STYLE FACILITIES
Enjoy an exceptional lifestyle with access to:
• Podium-level swimming pool
• Beautifully landscaped gardens
• BBQ and outdoor entertaining areas
• Residents' communal and function spaces
• Children's play area
• Grand architectural entrance lobby

UNBEATABLE LOCATION & CONNECTIVITY
Enjoy convenient access to Parramatta's premier shopping, dining, transport and entertainment destinations.
Approximate distances from the developer's brochure:
• 100m – Parramatta CBD
• 200m – Parramatta Light Rail precinct
• 400m – Parramatta Train Station
• 600m – Westfield Parramatta
• 650m – Harris Park Train Station
• 800m – Parramatta Square
• 800m – Parramatta Wharf
• 1.2km – Church Street dining precinct
• 1.4km – Parramatta Park
• 1.9km – CommBank Stadium

INVESTMENT OPPORTUNITY
Current Rental Income: $850 Per Week
Approximate Gross Annual Income: $44,200

With an established tenancy, premium residential amenities and proximity to major employment and transport hubs, this apartment offers compelling investment appeal.

Paramount on Parkes was recognised as Best Mixed-Use Development Australia at the 2023–2024 Asia Pacific Property Awards, further highlighting the development's architectural credentials.

YOUR NEXT INVESTMENT STARTS HERE
Premium Location. Quality Finishes. Established Rental Income.
Don't miss this opportunity to secure a contemporary apartment in Parramatta's thriving urban precinct.

PRIVATE VIEWINGS BY APPOINTMENT
Shudhansu | Rey Properties | 0405 161 899
Call today to arrange your exclusive private inspection!


Disclaimer: Rey Properties provides all information in good faith, subject to independent verification. Property features, finishes, facilities and distances are indicative. Photographs have been digitally or virtually enhanced by Rey Properties for marketing purposes and may not reflect the property's actual condition or presentation. The property is currently tenanted and not vacant. Images depicting vacant rooms or altered interiors are illustrative only. Rental income is based on the advised current rent and excludes expenses. The property is subject to existing tenancy arrangements. Prospective purchasers should conduct their own inspections and enquiries before purchasing.

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