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Commercial for Sale in Parramatta
Incredible Value Add Opportunity in the Heart of Parramatta CBD
- Building: 20-2,756m²
- Land: 1,256.4m²
Next Steps:
Enquire with agentRWC Western Sydney is pleased to present 20-24 Wentworth Street, Parramatta, for sale via Expressions of Interest - A rare opportunity to secure majority ownership in a prominent Parramatta CBD office building.
The offering comprises 13 commercial strata lots within Gough Whitlam Plaza, representing a 70%* interest in the building. The asset provides immediate income underpinned by a diverse tenancy mix, with leasing upside and clear value-add potential through refurbishment and repositioning, together with flexibility for partial owner-occupation.
Located in the heart of Parramatta CBD, the property enjoys excellent connectivity to major transport links, including the recently opened Parramatta Light Rail and the future Sydney Metro West, as well as close proximity to Parramatta Square, Westfield and surrounding civic and cultural amenities. Backed by more than $20 billion in investment, Parramatta has cemented its role as Sydney's second CBD, with demand for quality office space continuing to outstrip supply.
Additional highlights of the property are outlined below:
- 13 commercial strata lots offered in one line providing a combined area of 2,288.50* sqm
- Current total net effective income of $213,809.11* p.a with potential to increase to $878,395.61* p.a once fully occupied
- Represents 70% Ownership within Gough Whitlam Plaza
- Immediate income with leasing upside
- Diverse tenancy mix
- Refurbishment and repositioning potential (STCA)
- Prominent seven-storey Parramatta CBD building with basement parking
- Car parking for 19 vehicles
- Flexibility for partial owner-occupation
- Excellent connectivity including Parramatta Light Rail and future Sydney Metro West
- Walking distance to Parramatta Square, Westfield and key civic and cultural amenities
- Prime position in Sydney's second CBD, supported by more than $20 billion of infrastructure and investment
- Strong occupier demand with limited competing supply
The property will be offered for sale via Expressions of Interest, closing Wednesday 12 November 2025 at 3:00pm (unless sold prior).
20 - 2,756m²
1,256.4m² / 0.31 acres
Tenanted
Next Steps:
Enquire with agentAgents
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