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Knight Frank - Sydney

144 Marsden Street Parramatta, NSW 2150

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144 Marsden Street,
Parramatta, NSW 2150

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Knight Frank - Sydney
Linda Zhu

Knight Frank - Sydney

Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
Knight Frank - Sydney
144 Marsden Street
Parramatta, NSW 2150

Map of 144 Marsden Street

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CBD Commercial Building for Owner Occupiers or Private Investors

  • 2584.7 sqm NLA
  • $735,558 Net Passing Income (p.a)
  • 5.5 star NABERS Energy Rating
Knight Frank and Khoury & Partners are pleased to offer 144 Marsden Street, Parramatta for sale.

This is a scarce opportunity to acquire a commercial property of this size and price bracket on a prominent corner in the centre of the Parramatta CBD with ample onsite parking.

The property is conveniently located between the town centre at Parramatta Square and the Parramatta Legal Precinct, which includes the major law courts servicing the Greater Western Region of Sydney.

For astute investors there is plenty of scope to increase the income of this under rented building and owner occupiers can capitalise on the short WALE and expansion potential to customise a freestanding corporate facility. Alternatively, the building could be subdivided into strata suites by a developer to exploit the limited supply of available stock in the local market.

144 Marsden Street, Parramatta is being offered for sale via Expressions of Interest closing Thursday, 24 November 2022 at 4.00pm (AEDT).

For more information or to arrange an inspection, please contact the exclusive agents.

*Approx

Parramatta, 2150 demographic data

The median household income for Parramatta is $2,092, 1% higher than Greater Sydney's household income of $2,077. Parramatta has a younger age profile compared to the rest of Greater Sydney (median age 32 vs 37). Property ownership data shows 63% of property owners in Parramatta have a mortgage.

30,211
Population
$2,092 per week
Median household income
32 years
Median age
Renters
Most residents
Families
Most households
Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
Khoury & Partners - Parramatta
Level 2, 87 Marsden Street
PARRAMATTA, NSW 2150
Knight Frank - Sydney West
Suite 2, Level 8, 18 Smith Street
PARRAMATTA, NSW 2150

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