Khoury & Partners have pleasure in offering this rare Prime Parramatta CBD Opportunity in which would attract Developers, Investors or Owner Occupiers. Parramatta is fast becoming Sydney's second CBD with an abundance of development attracting Corporations from all parts of the Country.
Currently a 3 Storey Building covering 1,321sqm and wholly leased to Police Citizens Youth Clubs with Basement Parking for 11 cars.
The property has a frontage of 20m and has a total land area of 631sqm, currently zoned B4 Mixed Use with an FSR of 6:1 and a height limit of 54 metres.
Under the Draft Parramatta LEP, the property has greater potential and would yield higher GFA's over the current LEP (Subject to Local and State Authorities)
For further information or a Information Memorandum, please contact Jon Race 0405 500333 or George Khoury 0416 222333