OTTO Newtown, 66 Brocks Lane, Newtown
66 Brocks Lane, Newtown, NSW, 2042, AU
Description
JLL and Knight Frank is pleased to bring to market 161 Parramatta Road, Annandale, known as OTTO Annandale.
Strategically positioned on Parramatta Road in the heart of Annandale, OTTO Annandale benefits from direct access to Sydney's leading education and health precincts, with the University of Sydney just a 9-minute bus ride away* and Stanmore Station just an 11-minute walk away*.
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Attributes
Land area gross
3,574 sf
Keys
13
Media
Investment Highlights
• 13 larger format accommodation studios ranging from 20 sqm* to 41 sqm* and plus ground floor retail tenancy
• Units larger than traditional PBSA products
• Prominent location between Sydney CBD and the Camperdown precinct
• Around 1.5km* from the University of Sydney
• Net passing income of $396,230* per annum.
• Recently completed offering generous depreciation benefits.
• Appeals to both student and potential co-living operators
*Approximate
A 100% interest in 161 Parramatta, Annandale is available via Expressions of Interest closing on Thursday 7th of December at 4pm.
Contact brokers
OTTO Annandale, 161 Parramatta Road, Annandale (0 Properties)
