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Retail 2/140 Marsden Street
Parramatta NSW 2150
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Sold on 24 Dec 2021

Retail 2/140 Marsden Street Parramatta NSW 2150

  • Shop & Retail
  • 103 m²
  • Sold

PARRAMATTA CBD INVESTMENT 5.5% net

  • Landmark corner
  • Impressive 2 level glass façade
  • Leased to blue chip tenant “Kumiho”

This is a rare opportunity to purchase a space in one of Sydney's hottest retail destinations. Designed by multi award-winning Allen Jack + Cottier architects, together with celebrated Japanese/Australian architect Koichi Takada, this landmark corner is situated only metres from the new $3 billion dollar Parramatta Square redevelopment.

With easy access to Parramatta's main transport HUB, Parramatta Light Rail, Parramatta Metro and Westfields, key property attributes include -

- Part of "V by Crown" Parramatta
- 103sqm* landmark corner
- Potential to add a mezzanine level doubling the floorspace
- Leased to blue chip tenant "Kumiho"
- Passing rental $159,763.20 per annum gross plus GST
- Net is $139,206.00 showing a 5.56% net return.
- Strong economic rental growth forecasted
- Dual Street frontage offering incredible intersection exposure
- Impressive 2 level glass façade
- 6.66m* direct frontage to Marsden Street
- 5.93m* combined frontage to Hunter Street intersection
- Zoned B4 mixed use
- 129.5sqm alfresco outdoor dining available
- Surrounded by other high-end operators
- Directly adjoining "Sky Hotel Suites" plus 514 residential units above
- 1 secure car space

Inspect by appointment.

*approximately

Khoury & Partners
Khoury & Partners
Level 2, 87 Marsden Street
Parramatta, NSW 2150

Property Highlights

Date Sold24 Dec 2021
Floor Area103 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2016421615
Category
Last updated  1 Mar 2022
Map for Retail 2/140 Marsden Street Parramatta NSW 2150

Nearest transport* to Retail 2/140 Marsden Street Parramatta NSW 2150

Bus
Train
Ferry
Marsden St After Macquarie St106 m
Westfield Parramatta, Argyle St215 m
Argyle St Before O'Connell St245 m
George St At Church St276 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Khoury & Partners
Khoury & Partners
Level 2, 87 Marsden Street
Parramatta, NSW 2150

Property Highlights

Date Sold24 Dec 2021
Floor Area103 m²
Land AreaAsk Agent
Parking1 x Onsite parking
Property ID2016421615
Category
Last updated  1 Mar 2022

Listed by

Anthony Khoury
Anthony Khoury
Khoury & Partners
Call
0418 224 600

More about Retail 2/140 Marsden Street Parramatta NSW 2150

Retail 2/140 Marsden Street Parramatta NSW 2150 is categorized as Shop & Retail Property. It has a floor area of 103 m². There are 1 x onsite parkings.The listing ID for this property is 2016421615.

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