Receivers & Managers Appointed - Parramatta Gateway Development Opportunity^
On behalf of Desmond Teng and John Refalo from Byron's Advisory as Receivers and Managers, RWC Western Sydney is pleased to present 26-30 Parkes Street, Harris Park for sale via Expressions of Interest.
The Site represents a significant opportunity for an incoming developer to capitalise on the site's gateway position at the corner of Parkes and Harris Streets. This gateway development site will benefit from the Parramatta CBD transformation into Sydney's second largest CBD underpinned by the Government's commitment to infrastructure of $116.5 billion dollars.
Additional highlights of the property are outlined below:
• Site Area of 1,494 sqm*
• Corner allotment with dual street frontages (Harris & Parkes Streets)
• Zoned MU1 Mixed Use
• FSR 10:1
• Suitable for build to rent (BTR), student accommodation, Commercial, Retail and Commercial developments^
• Population growth forecasted to increase by 62.75% between 2023-2041 to 446,021^^
• Set to benefit from substantial infrastructure upgrades including Metro and Light Rail
• 300m* to Robin Thomas Light Rail Stop
• 700m* to Parramatta Railway Station, Parramatta Square and Westfield
• 750m* to Western Sydney Parramatta City Campus
The property is offered for sale via Expressions of Interest, closing Wednesday 29 May 2024 at 3pm.
For more information, please contact the below exclusive selling agents.
^ S.T.C.A
^^ Forecast.id.com.au/parramatta
* Approximately
Remember to mention you found this property on DevelopmentReady
