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RWC  - Western Sydney

302 Church Street Parramatta, NSW 2150

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302 Church Street,
Parramatta, NSW 2150

Shops & Retail • Offices • Showrooms & Large Format Retail

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RWC  - Western Sydney
Peter Vines
Victor Sheu
Joseph Assaf

RWC - Western Sydney

15-17 Argyle Street
PARRAMATTA, NSW 2150
RWC  - Western Sydney
302 Church Street
Parramatta, NSW 2150

Map of 302 Church Street

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Iconic Eat Street Retail Corner With Upside

  • Corner site area 774sqm*
  • Extensive 44m* retail frontage
  • Fully leased with 8 tenants
Ray White Commercial NSW is pleased to present for sale 302 Church Street, Parramatta. This iconic ‘Eat Street' investment asset represents a fully leased freehold opportunity with upside located in the heart of Parramatta CBD.

This well-known corner-asset offers investors the opportunity to corner Parramatta's Eat Street market with its spectacular pedestrian frontages and high-profile location. Parramatta Eat Street has for years offered Sydneysiders a rich mix of dining, cultural entertainment, retail, nightlife and leisure experiences. This existing dynamism is firmly supported by Parramatta's position as the 6th largest GDP of Australia, enjoying constant federal and state level investments which will only enhance this location's appeal.

This is your opportunity to be a part of this exciting new era in Parramatta.

302 Church Street, Parramatta benefits from the following attributes:

*Fully leased freehold building presenting an opportunity to invest or occupy in the future
*Currently a two-storey building comprised of 8 tenancies with massive street exposure
*Located in the heart of Parramatta's famous Eat Street moments from all amenities
*Ideal Eat Street asset with three street frontages on the busiest Parramatta pedestrian corner of Church and Phillip Street
*Generous land area of 774.3sqm*
*Total net lettable area of 1,001sqm*
*Current passing income of $754,390*+GST with potential to increase
*Rear lane access
*Long term and well known retail tenants including Coco Cubano
*Underlying development potential with proposed increase in Floor Space Ratio (FSR)

The property is offered for sale by Expressions of Interest closing on Wednesday, 9th October 2019 at 3pm (AEDT).

To find out more about this property, please get in contact with the exclusive marketing agents.

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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

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