JLL as the exclusive selling agent is pleased to offer 24 Parkes Street, Parramatta For Sale by Private Treaty.
This mixed-use development site is a remarkable opportunity, situated within the thriving Parramatta CBD, widely considered as Sydney’s 2nd CBD. This region is set to undergo an extensive level of public and private infrastructure investment projects, currently underway or in the pipeline, which will redefine Parramatta and transform it into a global city.
•Near level site area of 1,631 sqm*
•Flexible MU1 – Mixed Use zoning
•Favourable planning controls offering the potential to create a project featuring a maximum GFA of 17,174 sqm* with a maximum building height of 140 metres* (STCA - includes 15% uplift design excellence bonus)
•Potential to harness uninterrupted northerly view corridors across Parramatta River
•Outstanding connectivity to Greater Sydney through all forms of public transport networks, only 500m* to Parramatta Train Station, 850m* to Parramatta Wharf, at the doorstep of the closest bus stop and within short walking distance to upcoming Parramatta Light Rail stop
•Highly accessible location within proximity to major arterial roads; M4 Motorway, Great Western Highway and Cumberland Highway
•Underpinned an abundance of key amenity including; Westfield Parramatta, the recently completed commercial hub Parramatta Square, the world-class Westmead Health Precinct and Western Sydney University campuses
•A region set to undergo dramatic transformation from the upcoming completion of the highly anticipated Parramatta Light Rail, Sydney Metro West and the new University of Sydney campus
•Parramatta’s population is forecasted to surge by 66%* by 2041, supported by the increase in foreign overseas net migration and the return international students
* Approximate
^ City of Parramatta
For Sale by Private Treaty.
All enquiries, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
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