23-25 Daking Street, North Parramatta NSW 2151
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1. Property Summary
Land Area
1,394 m² (*approx)
Local Government
Parramatta
Selling Method
Auction: Contact Agent
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2. Property Highlights
Freehold Dual Street Frontage, Double Block with Redevelopment Upside and existing income.
- 1394 sqm Land with 30 metre frontage
- B6 Enterprise Zoning
- Holding Income to June 2023
Proptech are pleased to offer 23-25 Daking Street, North Parramatta to the market for sale via Auction (unless sold prior).
23 – 25 Daking Street is flexible, offering utility as a straightforward investment proposal today coupled with potential upside through redevelopment in the future. The property has seen upgrades including new roofing and ceilings that contain a good quality fitout.
Looking to the future, the land is zoned B6 providing an improved Floor space ratio and building height, offering a redevelopment opportunity to meet the needs of the Parramatta LGA currently undergoing an unprecedented infrastructure spend.
Key highlights for this offering:
- 1,394 sqm freehold land, 1060 sqm* floorplate
- Offered with existing income to June 2023
- Dual Street Access with 30 metre frontage.
- Excellent Accessibility to Greater Sydney
- Tightly held precinct adjacent to Parramatta CBD
- Future redevelopment upside through B6 zoning
- Existing Utility as a durable lettable product.
This opportunity is offered for sale via Auction Friday 19th August, 2022 at 11am (AEST)
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Development Potential
1. Property Summary
Land Area
1,394 m² (*approx)
Selling method
Auction: Contact Agent
2. Property Highlights
Freehold Dual Street Frontage, Double Block with Redevelopment Upside and existing income.
- 1394 sqm Land with 30 metre frontage
- B6 Enterprise Zoning
- Holding Income to June 2023
Proptech are pleased to offer 23-25 Daking Street, North Parramatta to the market for sale via Auction (unless sold prior).
23 – 25 Daking Street is flexible, offering utility as a straightforward investment proposal today coupled with potential upside through redevelopment in the future. The property has seen upgrades including new roofing and ceilings that contain a good quality fitout.
Looking to the future, the land is zoned B6 providing an improved Floor space ratio and building height, offering a redevelopment opportunity to meet the needs of the Parramatta LGA currently undergoing an unprecedented infrastructure spend.
Key highlights for this offering:
- 1,394 sqm freehold land, 1060 sqm* floorplate
- Offered with existing income to June 2023
- Dual Street Access with 30 metre frontage.
- Excellent Accessibility to Greater Sydney
- Tightly held precinct adjacent to Parramatta CBD
- Future redevelopment upside through B6 zoning
- Existing Utility as a durable lettable product.
This opportunity is offered for sale via Auction Friday 19th August, 2022 at 11am (AEST)
Read More
