Generational Development Site Opportunity | Sydney’s Fast Growing 2nd CBD

Description

Burgess Rawson is pleased to offer this Generational Development Site Opportunity at 614A Church St / 2 & 4 Daking St North Parramatta NSW for sale via Expressions of Interest.

The property has the following investment highlights:

+ Rare 3 property offering sold in one line
+ Substantial 2,067sqm* Syd metro landholding with three street frontages totaling 83 metres*
+ Attractive E3 Zoning – allowing fast food, retail, childcare, medical, fuel station, hotel, large format retail & more (STCA)
+ Church St: main arterial serving large volumes of traffic daily & set for significant future development
+ Parramatta: Greater Sydney 2nd CBD set for significant population growth of 57% to 446,000 by 2041^
+ Ideal short-term income / WALE
+ Passing Net Income: $260,527 pa* + GST
+ Potential Fully Leased Net Income: $400,527 pa* + GST

To be sold via Expressions of Interest
Closing 3:00pm AEST Wednesday 2 October 2024

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx
^forecast.id

Disclaimer: Please be aware that the property has a sensitive history involving a tragic incident. We understand that this may raise concerns for potential buyers. If you have any questions or require further information regarding this matter, please contact the agent directly. We ask that all enquiries regarding this sensitive subject be made with discretion and respect for the privacy of all parties involved.

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Contact agents
Kieran Bourke Partner
0417 418 007
Flynn McFall Sales Executive
0481 187 191
Enquiry Form

North Parramatta, NSW

614a Church Street

For Sale by Expression of Interest

This property is part of Portfolio 171

Price: Contact Agent

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