Lots 1 & 2, 29 Grose Street, Parramatta, NSW 2150

Colliers are privileged to present for sale Lots 1 & 2, 29 Grose Street, Parramatta. A solid medical & commercial investment in a modern three-storey commercial office building comprising of ground floor specialist radiology clinic and five first floor offices within Australia’s fastest growing CBD. 

The property is strategically located only 200m* to Fennell Street light rail station within walking distance to Church Street dining precinct, Westmead Hospital, CommBank Stadium and Parramatta railway station in a highly desirable Parramatta CBD location. 

Investment highlights: 
•	Solid medical & commercial investment in boutique Parramatta CBD office building 
•	Majority leased with six diverse & secure income streams including specialist radiology clinic and five first floor office tenancies with exclusive rooftop access
•	Strong value-add upside to reposition and increase income in Sydney’s fastest growing region 
•	Future redevelopment upside^ through site amalgamation offering sweeping CBD views
•	Highly successful radiology practice since 1974! New 5-year lease from March 2023 with options to 2033. 
•	Building Area: 934m²* (majority strata entitlement) plus 11 basement parking spaces 
•	Estimate fully leased income - $458,548.94 per annum + GST* 
•	Strategic Parramatta CBD location within walking proximity to key amenities and infrastructure. 

Lots 1 & 2, 29 Grose Street, Parramatta will be for sale via International Expressions of Interest closing 25th July 2024 at 3:00PM (AEST). 

For more information or to arrange an inspection, please contact the exclusive selling agents today. 

*Approx.  
^Subject to council approval