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Offices in Parramatta
Parramatta Freestanding Building with ASX Listed Tenant
- Building: 510m²
- Land: 480.6m²
RWC Western Sydney is pleased to present 28 Grose Street, Parramatta for sale via Expressions of Interest.
Unique and rare opportunity to acquire a freehold commercial building in a tightly held market. The property provides a secure income for the investor, ideal for future owner occupiers or the developer looking at land banking.
Strategically located only 200m* to the Fennell Street Light Rail Stop, the property is leased to Pacific Smiles Group Limited (PSQ) being a ASX listed company.
Passing Net rental of $192,379* per annum plus GST with the tenant liable for 100% of outgoings. Leased till 15 May 2028 with no further option period.
Additional highlights of the property are outlined below:
- Two level commercial building of 510m2*
- Versatile and functional floor plan layout
- Highly desirable location
- Onsite car parking for 5 vehicles
- Ideal for investors, future owner occupiers and land bankers
- Potential to reposition and increase income
- 200m* to the new proposed Fennell Street Light Rail Stop
- Walking proximity to Parramatta CBD
- Vendors to meet the market and SELL
The property will be offered for sale via Expressions of Interest, closing Wednesday 25 October 2023 at 3:00pm.
For more information, please contact the below exclusive selling agents.
*Approximately
510m²
480.6m² / 0.12 acres
MU1 Mixed Use
Tenanted
Offices, Retail, Medical/Consulting