Knight Frank is pleased to present a rare, consolidated development site which is strategically situated in the heart of Parramatta CBD.
Set in one of Australia’s fastest growing CBD’s, 14,16 & 18 Pitt Street presents as three adjoining allotments with flexible mixed-use zoning, development incentives and short-term holding income.
- Large site area of 1,886 sqm*
- 750 m* from Parramatta Transit Interchange Station
- Flexible B4 Mixed Use zoning
- Extensive Pitt Street frontage
- Passive holding income across multiple tenancies
- Market conditions supporting a variety of uses
- Incentive and Bonus FSR (STCA)
- Potential GFA of 8,487 sqm* (STCA)
Underpinned by significant investment in major infrastructure, rising public and private sector employment opportunities and robust population growth, Parramatta is well primed for numerous development strategies. The boutique scale of potential development on the site is particularly rare given Parramatta's limited supply of mixed-use development opportunities.
The property is for sale via Expressions of Interest closing Thursday, 5 November at 4.00pm (AEDT).
For more information or to arrange an inspection, please contact the exclusive agents.
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