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Sold

12 Union Street, Parramatta

Sold

Property Details

Address 12 Union Street
Suburb Parramatta
Price SOLD
Property Type commercial
Category Offices, Retail, Land/Development
Land Area 300 m2
Office Area 425 m2
Availability Sold

Description

Tenanted Investment with Development Upside

Belroy Property are pleased to present to the market 12 Union Street, Parramatta. A superb opportunity to acquire this mixed use investment rarely found in Parramatta's CBD.

Key investment highlights include;

+ Long lease to secure tenant
+ $172,561 per annum net return
+ Site area of 300 sqm approx.
+ Improvements of 425.5 sqm approx.
+ Zoned B4 Mixed Use
+ Floor Space Ratio of 6:1*
+ Height Limit of 54 metres*
+ Strategic CBD location close to amenities, Ferry Wharf and Parramatta Square.

*Subject to Council Controls
For a copy of the Information Memorandum or to find out more about this opportunity, please contact the exclusive marketing agents.

Expressions Of Interest close 11 July 2019 at 4pm.

 

Disclaimer: Belroy Property believe the information herein to be true and accurate, however, interested parties should rely on their own enquiries.

Agent Details

Peter Karam

0414 905 639 Email me
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02 9895 4000