Case Studies

9 Parkes Street Parramatta NSW


Sold under the hammer following a competitive marketing campaign, the exclusive agents are pleased to announce the sale of 9 Parkes Street, Parramatta.

Representing a unique offering, exceptional two (2) level commercial building with rear lane access only 550* metres to Parramatta Railway Station.

Key highlights include:
• Situated on a site area of 335m2*
• Two (2) level retail/ commercial building
• Rear lane access with onsite car parking
• Zoned B4 Mixed Use, FSR 4:1 & Height 28 metres
• Offered with vacant possession
• Great street exposure & appeal
• Parramatta CBD location, a high growth area
• Future development potential^
• 550* metres to Parramatta Railway Station

*Approximate ^ S.T.C.A

Sales Analysis
Sale Price:$,300,000
Sale Date:13 April 2018
Total Floor Area:300m2
Total Land Area:335m2
Street Frontage:10m2
Zoning:B4 Mixed Use
$/m2 Land Rate:$9,850.75
$/m2 NLA:$11,000
Occupancy:Vacant Possession
Sales Process:Public Auction
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