126 Church Street Parramatta NSW 2150

A truly rare value creation opportunity to acquire 100% interest of a prominent freestanding commercial building, located directly opposite the Railway station and Bus Interchange within the prime location of Parramatta CBD.

126 Church Street is a refurbished 12 level office building, with new foyer and large ground floor retail with an extensive frontage to Church Street offering great natural light on all sides with suburban and Sydney district views and consistently achieving 5 star NABERS rating.

The building has a total net lettable area (NLA) of approximately 9,748.4 square metres with basement car parking for 55 vehicles. Estimated fully leased NOI is $4,983,766 pa approximately.

The efficient floor design and side core layout ensures that the building is suitable for whole floor occupation yet is adaptable for multiple tenancies or alternative uses including residential, serviced apartments and hotel.

The property is zoned MU1 (previously known as B4 Mixed use) with an FSR of 6:1 plus bonuses allowing for future mixed use redevelopment including residential with bonus for Commercial space.

126 Church Street, Parramatta is for sale by Expression of Interest closing on Thursday 21 March 2024 at 2pm (AEDT).

For more information, please contact the Colliers team.

*Approx.