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Colliers are pleased to present 36-40 Grose Street, Parramatta, a boutique high-density residential development opportunity with stable holding income positioned in Australia’s fast-growing suburb of Sydney’s West.
Located within the Parramatta Northeast Precinct, the site is located under gateway determination, with Design Excellence endorsed by Parramatta City Council – paving the way for increased height and GFA up to 15-storeys.
Only 200 metres from the Fennell Street Light Rail Station*, the site offers seamless connectivity to Parramatta’s key landmarks including the Church Street dining precinct, Westmead Hospital, CommBank Stadium, Parramatta Westfield and connecting to Parramatta Railway Station.
Investment Highlights:
• 2,319sqm* site area on 3 separate lots with over 52 metres* frontage to Grose Street
• Amalgamated site with two freehold blocks of units (8 x 2-bed) and a residential dwelling across separate titles – providing multiple income streams from 17 tenancies with short lease terms
• Zoned R4 High Density Residential under Parramatta LEP 2023
• Design excellence gateway supports an increased planning uplift up to 3.9:1 FSR, expected to be finalised by late 2025
• Concept scheme is prepared for a 9,094sqm GFA project with 109 apartments over 15-storeys (subject to Town planning approval).
• Walking distance to light railway, Westmead Hospital, CommBank Stadium, Church Street retail & dining, Westfield Parramatta, Parramatta Square and rail interchange.
• Parramatta CBD has experienced over $20 billion in public and private investment over the past decade.
•
36-40 Grose Street, Parramatta is for sale by Expressions of Interest closing on Thursday 19th June 2025 at 3:00pm (AEST).
For more information or to arrange an inspection, please contact the exclusive agents today!
*approx.
Remember to mention you found this property on DevelopmentReady
Colliers are pleased to present 36-40 Grose Street, Parramatta, a boutique high-density residential development opportunity with stable holding income positioned in Australia’s fast-growing suburb of Sydney’s West.
Located within the Parramatta Northeast Precinct, the site is located under gateway determination, with Design Excellence endorsed by Parramatta City Council – paving the way for increased height and GFA up to 15-storeys.
Only 200 metres from the Fennell Street Light Rail Station*, the site offers seamless connectivity to Parramatta’s key landmarks including the Church Street dining precinct, Westmead Hospital, CommBank Stadium, Parramatta Westfield and connecting to Parramatta Railway Station.
Investment Highlights:
• 2,319sqm* site area on 3 separate lots with over 52 metres* frontage to Grose Street
• Amalgamated site with two freehold blocks of units (8 x 2-bed) and a residential dwelling across separate titles – providing multiple income streams from 17 tenancies with short lease terms
• Zoned R4 High Density Residential under Parramatta LEP 2023
• Design excellence gateway supports an increased planning uplift up to 3.9:1 FSR, expected to be finalised by late 2025
• Concept scheme is prepared for a 9,094sqm GFA project with 109 apartments over 15-storeys (subject to Town planning approval).
• Walking distance to light railway, Westmead Hospital, CommBank Stadium, Church Street retail & dining, Westfield Parramatta, Parramatta Square and rail interchange.
• Parramatta CBD has experienced over $20 billion in public and private investment over the past decade.
•
36-40 Grose Street, Parramatta is for sale by Expressions of Interest closing on Thursday 19th June 2025 at 3:00pm (AEST).
For more information or to arrange an inspection, please contact the exclusive agents today!
*approx.
Remember to mention you found this property on DevelopmentReady
