OFF MARKET

39/3 Valentine Avenue
Parramatta NSW 2150

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 725m2
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Last updated 30 Sep 2024
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Property Details for 39/3 Valentine Ave, Parramatta

39/3 Valentine Ave, Parramatta is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 725m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2000
Floor Size
50m2
Land Size
725m2
Local Government
City Of Parramatta
Lot/Plan
39/SP64231

Last Listing description (May 2020)

Calling INVESTORS Looking for a long term investment?

This is it! This is the golden opportunity to own this stylish fully furnished one(1) Bedroom apartment in the heart of Parramatta 's CBD and shopping precinct. This fantastic unit is located on Level 7 with beautiful view of Parramatta CBD.

You can secure this fully furnished and serviced apartment complete with guaranteed rental income. This One Bedroom apartment is managed and maintained by the Mantra Hotel.
Lease term for this unit is five(5) Years and with option to renew for a period of 5 + 5 Years expiring on 5 November 2030 and rental income increase based on CPI as stated in the Lease agreement.
Mantra Parramatta Hotel is a Serviced Hotel with furnished apartments for short or long term guest accommodation. It is located in the centre of Parramatta's business district, within easy reach of shopping, dining, entertainment and offering apartment style accommodation. It is less than a 2 minute's walking distance to Parramatta Railway and Main Bus Station and Westfield Shopping Centre.
Highlights include:
Modern One Bedroom Apartment
Kitchen has 2 x Hot plates, range-hood, microwave and a large fridge plus mini bar
Furnished with washing machine and dryer
Level 7 enjoy the Balcony with beautiful view of Parramatta CBD
Prestigious Mantra Hotel, Parramatta
Ducted air conditioning, intercom system, lift access
Guaranteed Rental Income
Currently leased at $20,811.72 NETT per annum ( $1,734.31 nett per month)
Complex features Gym, Pool, Spa, Sauna, Restaurant, Cocktail Bar, Conference rooms, 24 hours reception and internet desk
Easy walk to Westfields Shopping Centre, Train Station and transport
50 sqm approx. in total area

Truly a stunning stylish one Bedroom apartment + spacious Living room that you must inspect. Do not miss this golden opportunity!

Please call Kenny Ling (0423 770 033) for viewing.

Disclaimer: We have been furnished with the above information, however, Tracy Yap Realty Castle Hill gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.

Property History for 39/3 Valentine Ave, Parramatta, NSW 2150

A timeline of how this property has performed in the market
Last Sold
$340,000
12 May 2020
  • 12 May 2020
    Sold for $340,000
  • 09 Mar 2020
    Listed for Sale $355,000-$389,000
  • 14 Aug 2001
    Sold for $262,000
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016.

Parramatta has 19,330 properties. Over the last 5 years, Houses in Parramatta have seen a 71.69% increase in median value, while Units have seen a 8.12% increase. As at 31 August 2024:

  • The median value for Houses in Parramatta is $1,717,774 while the median value for Units is $611,632.
  • Houses have a median rent of $650 while Units have a median rent of $640.
There are currently 189 properties listed for sale, and 167 properties listed for rent in Parramatta on OnTheHouse. According to CoreLogic's data, 1047 properties were sold in the past 12 months in Parramatta.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.