28A Phillip St, Parramatta, NSW 2150

Belroy is pleased to present 28A Phillip Street, Parramatta for sale via Auction.

This property represents a unique opportunity to acquire a freestanding commercial investment with huge potential to increase rent and development upside. 

Strategically located within the heart of Sydney’s fastest growing CBD of Parramatta, this perfectly positioned corner block encompasses a tenanted commercial building possessing a total site area of 371.3sqm* with development potential**.

The opportunity offers:

   -  Potential to occupy in the near future

   -  Redevelopment

   -  Re-lease premises on improved rent(s)

   -  Flexible space offering single or multi-tenanted/occupancy

 Additional highlights of the property include: 

   -  Freehold building presenting an opportunity occupy in the near future or improve income by entering a new lease(s) at market rate(s)

   -  Currently a two-storey building with side street access

   -  Passing income $161,350.45* +GST (significant rental upside)

   -  Located in the heart of Parramatta moments from all amenities and 50m to Church Street light rail stop

   -  Development Potential

   -  Site area 371.3sqm*

   -  Building area 453.91sqm*

   -  Zoned B4: Mixed Use

   -  Withing controls of FSR 10:1 & Height 211m**

 The property will be offered for Auction, on Tuesday 8 April 2025 at 10.30am. 
Auctionworks CBD, 
Mezzanine Level, 50 Margaret Street, Sydney.

For more information, please contact the below selling agents

 *Approximately

** Parties to investigate controls and potential and rely on own enquiry

  Disclaimer: This document was prepared by Karago Corporation Pty Ltd trading as Belroy Property and the information in this document is general in nature and is a guide only. Nothing in this document is intended to constitute advice. Interested parties should make their own enquiries and seek independent advice about all of the information in this document as it does not take into account your individual circumstances. Belroy Property do not warrant the accuracy of any information in this document, Figures are estimate and are subject to change and do not take into account the impact of GST. The information provided should not be relied upon to make an investment decision. Belroy Property disclaims liability under any cause of action whatsoever.

Property Code: 968