2-4 Palmer Street,
Parramatta, NSW 2150
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Khoury & Partners - Parramatta
Level 2, 87 Marsden StreetPARRAMATTA, NSW 2150
2-4 Palmer Street
Parramatta, NSW 2150
Detailed listing
Map of 2-4 Palmer Street
Freestanding Commercial Investment with Development Upside^
Ray White Commercial - Metropolitan Sydney in conjunction with Khoury & Partners is pleased to present 2-4 Palmer Street, Parramatta for sale via Auction.
This property represents a unique opportunity to acquire a freestanding commercial investment with significant development upside.
Strategically located within the heart of Sydney's fastest growing CBD of Parramatta, this perfectly positioned corner block encompasses a fully leased commercial building possessing a total site area of 600sqm* with future development potential^.
Additional highlights of the property include:
- Fully leased freehold building presenting an opportunity to invest or occupy in the future
- Currently a two-storey showroom/gallery building with parking
- Current passing income $247,010.94* +GST with significant rental upside
- Located in the heart of Parramatta moments from all amenities
- Future development potential^
- Site area 600sqm*
- Net lettable area of 685sqm*
- Zoned B4: Mixed Use
- Current FSR 4.1 & Height 24m
- Proposed FRS 6.1** & 80m**
The property will be offered for Auction, on Thursday 16 July 2020 at 10.30am. The Auction will be held at Cooleys CBD, Dexus Place, Level 5, 1 Margaret Street, Sydney
For more information, please contact the below selling agents.
Jeff Moxham
Principal
Ray White Commercial - Metropolitan Sydney
0413 838 3...
jmoxham@raywhite.com
Samuel Hagelias
Director
Ray White Commercial - Metropolitan Sydney
0403 254 675
shadgelias@raywhite.com
Anthony Khoury
Managing Director
Khoury & Partners
0418 224 6...
anthony@khoury.com.au
Jon Race
Commercial Sales and Leasing
Khoury & Partners
0405 500 333
jon@khoury.com.au
*Approx.
** Parramatta CBD Planning Proposal
^ Subject to council approval
This property represents a unique opportunity to acquire a freestanding commercial investment with significant development upside.
Strategically located within the heart of Sydney's fastest growing CBD of Parramatta, this perfectly positioned corner block encompasses a fully leased commercial building possessing a total site area of 600sqm* with future development potential^.
Additional highlights of the property include:
- Fully leased freehold building presenting an opportunity to invest or occupy in the future
- Currently a two-storey showroom/gallery building with parking
- Current passing income $247,010.94* +GST with significant rental upside
- Located in the heart of Parramatta moments from all amenities
- Future development potential^
- Site area 600sqm*
- Net lettable area of 685sqm*
- Zoned B4: Mixed Use
- Current FSR 4.1 & Height 24m
- Proposed FRS 6.1** & 80m**
The property will be offered for Auction, on Thursday 16 July 2020 at 10.30am. The Auction will be held at Cooleys CBD, Dexus Place, Level 5, 1 Margaret Street, Sydney
For more information, please contact the below selling agents.
Jeff Moxham
Principal
Ray White Commercial - Metropolitan Sydney
0413 838 3...
jmoxham@raywhite.com
Samuel Hagelias
Director
Ray White Commercial - Metropolitan Sydney
0403 254 675
shadgelias@raywhite.com
Anthony Khoury
Managing Director
Khoury & Partners
0418 224 6...
anthony@khoury.com.au
Jon Race
Commercial Sales and Leasing
Khoury & Partners
0405 500 333
jon@khoury.com.au
*Approx.
** Parramatta CBD Planning Proposal
^ Subject to council approval
Property ID: 503576410Last Updated: 15 Sep 2020
Khoury & Partners - ParramattaLevel 2, 87 Marsden Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
Ray White Commercial NSW - Metropolitan SydneyLevel 17 135 King Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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