Office For Sale - Located in the heart of Parramatta CBD, close to Westfield Shopping Centre, train and bus station
- Internal area is approx. 60 sqm with 1 carpark
- Features include modern kitchen with stainless steel appliances and toilets
- Outgoings per quarter:
Strata Levy $1,299
Council Rates $715
- Asking price is $398,000 negotiable
COMMERCIAL INVESTMENT WITH FUTURE DEVELOPMENT POTENTIAL Currently leased with major tenant Crunch, the property has a net lettable area of 2,200sqm and a land area of 3,345sqm.
With rear access off Horwood Place and facing George Street, the property is ideally located. With a current FSR of 10:1, the property has a potential developable area of 33,000sqm approx. subject to council approval. Currently zoned Core Commercial, the site would suit future redevelopment.
Occupy, Invest or Develop Commercial asset currently owner occupied with vendor looking to leaseback for 12 month with 2x6 month options. 1,245.1sqm office building with 36 car spaces.
The building has a potential market rental of $716,000 gross. The building could suit an owner occupier, investor or even to be redeveloped in the future with a proposal to uplift the FSR from 4:1 to 6:1. Current zoning is B4 Mixed Use within the Parramatta core commercial. Only 400m to rail and bus interchange. The property is ideally located. the building has been well maintained with new lifts and air conditioning upgrade.
Commercial Investment Parramatta CBD Impressive asset with ground floor and 12 storey office building with great natural light and views back to Sydney, 9,809m2 and 54 car spaces. Net passing income of $3,818,000 and fully let income of $4,039,000.
Efficient floor plates and size core with floors up to 740m2.
Recent work only just completed with new 2 x cooling towers, 2 x chillers, boiler, pumps and BMCS.
Strong location. 1 Star NABERS Rating and a WALE of 2.89 years as at January 2016.