147 Balaclava Rd Apartment Building $3,242,025 4.90% Cap Rate Marsfield, NSW 2122

147 Balaclava Road offers a rare opportunity to acquire a fully operational, purpose-built student accommodation investment in the thriving Macquarie University precinct. Completed in 2020, the property comprises 10 well-appointed rooms, designed for contemporary student living, and is currently 100% occupied. The offering delivers secure income with diversified short-term tenancies generating approximately $220,698 in current net income and is projected to achieve $260,218 annually. The site includes four on-site car spaces for added convenience and tenant appeal.
Strategically positioned in Marsfield’s education and retail hub, the property is within a short walk to major lifestyle and transport amenities. Woolworths supermarket is just 200 meters away, Macquarie University is accessible within 500 meters, and Macquarie Centre is 1.3 km from the site. A nearby Metro station ensures strong connectivity to key destinations across Sydney, while multiple bus stops within meters provide additional commuting options. This prime location supports sustained demand for high-quality student accommodation.
With its modern facilities, stable occupancy, and proximity to Sydney’s leading academic and retail environment, 147 Balaclava Road represents an attractive, income-producing asset for investors seeking long-term growth and consistent revenue.