639 Church Street,
North Parramatta, NSW 2151

Showrooms & Large Format Retail

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INVESTMENT! NEW BUILDING! 7.5 % Nett + Depreciation, CarpetCall, Signarama

Quality Showrooms on Church Street, maximum exposure, adjacent to The Junction bulky goods complex and other popular household names including Dick Smith Power House, Bunnings, Amber Tiles, Repco, Super Cheap Auto, Kangaroo Tent City, Decorator Centre NSW, Beacon Lighting and Bowermans Office Furniture. The showrooms are across two levels with basement parking. Quality construction including Lift access to all levels.

Ground Floor currently leased to CarpetCall & Signarama, 1st floor unit lease to construction company. Remaining 1st floor unit (404sqm) can be occupied or 12 month rent guarantee available.

Council Zoning Employment 4 (Parramatta City Council)
Parking 16 spaces (14 allocated to individual units, 2 common)
Amenities Disabled toilet on each level

RETURN 7.5% Nett + Depreciation (Depreciation report from BMT can be supplied)

*******Building Size subject to survey, total size of tenancy areas 1146sqm approx.

*******Rent figures based upon current tenants and rent guarantee

*******Outgoings have been estimated on basis of building fully tenanted

North Parramatta, 2151 demographic data

The median household income for North Parramatta is $1,703, 18% lower than Greater Sydney's household income of $2,077. North Parramatta has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 56% of property owners in North Parramatta have a mortgage.

12,064

Population

$1,703 per week

Median household income

38 years

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02 9635 05...