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7 Hassall Street Parramatta NSW 2150

  • Development / Land
  • 1,920 m²
  • For Sale, Expressions of interest

PARRAMATTA CBD OFFICE BUILDING WITH MAJOR REDEVELOPMENT UPSIDE

  • 1,920sqm site with dual Street frontage
  • Office building offering holding income
  • Major redevelopment potential

Situated on the South side of Hassall Street (North Facing) directly opposite to Charter Hall Group and Western Sydney University's new $300 million world-class 'Innovation Hub'
and adjacent from Parramatta's main transport Hub/Westfields.

Key property highlights include;

- Substantial four level office building offering good holding income
- Significant rental reversion potential
- 75 secure basement car parking spaces
- 1,920sqm site area with dual Street frontage
- 20m approx. frontage to Hassall Street, 24m approx. frontage to Parkes Street
- B4 mixed use zoning
- Rare North facing tower site
- Demo clauses in all leases enabling access to redevelopment quickly
- 10:1 FSR plus bonuses (12:1) approved in recently gazetted LEP being 23,040sqm of GFA potential (STCA*).
- In addition, council resolution to reinstate higher FSR meaning further upside in GFA potential (STCA*).

Being sold via expressions of interest, closing 4pm Monday 5 September 2022.

For more information, please contact the exclusive selling agents.

*subject to council approval

Property Highlights

Floor Area3,560 m²
Land Area1,920 m²
Energy3.5-star NABERS Energy rating
Parking75 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017971101
Category
Last updated  3 Aug 2022
Map for 7 Hassall Street Parramatta NSW 2150

Property Highlights

Floor Area3,560 m²
Land Area1,920 m²
Energy3.5-star NABERS Energy rating
Parking75 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2017971101
Category
Last updated  3 Aug 2022
Level 2, 87 Marsden Street Parramatta NSW 2150
Jon Race
Jon Race
Khoury & Partners
George Khoury
George Khoury
Khoury & Partners
Anthony Khoury
Anthony Khoury
Khoury & Partners

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