For Sale

52, 2 O'Connell St, Parramatta

Property Details

Address 52, 2 O'Connell St
Suburb Parramatta
Price Expressions Of Interest
Property Type commercial
Property ID 665
Category Offices, Retail, Land/Development
Land Area 3,283 m2
Office Area 176 m2
Parking Spaces 2
Availability For Sale

Description

OFFICE INVESTMENT + DEVELOPMENT UPSIDE

Belroy Property are pleased to offer Suite 52, 2 O'Connell Street, Parramatta to the market for sale by EOI.

A secure Parramatta CBD investment with a share in significant development upside. A Planning Proposal has been approved for "Parramatta's Tallest Tower"

The opportunity can be summarised as follows;

+ Convenient location next to Westfield Shopping Centre
+ Existing lease renewed for 3 years commencing 1 August 2020
+ Recently renovated office suite
+ Two (2) parking spaces
+ Balcony fronting O'Connell Street

2.1% Unit Entitlement sharing in the Planning Proposal for redevelopment of this site.
Planning Proposal for two (2) towers 69 storeys and 11 storeys respectively.
Site Area of 3,283sqm

 

 

 

Agent Details

Peter Karam