This is a rare opportunity to purchase a space in one of Sydney’s hottest retail destinations. Designed by multi award-winning Allen Jack + Cottier architects, together with celebrated Japanese/Australian architect Koichi Takada, this landmark corner is situated only metres from the new $3 billion dollar Parramatta Square redevelopment.

With easy access to Parramatta’s main transport HUB, Parramatta Light Rail, Parramatta Metro and Westfields, key property attributes include -

- Part of “V by Crown” Parramatta
- 103sqm* landmark corner
- Potential to add a mezzanine level doubling the floorspace
- Leased to blue chip tenant “Kumiho”
- Passing rental $159,763.20 per annum gross plus GST
- Net is $139,206.00 showing a 5.56% net return.
- Strong economic rental growth forecasted
- Dual Street frontage offering incredible intersection exposure
- Impressive 2 level glass façade
- 6.66m* direct frontage to Marsden Street
- 5.93m* combined frontage to Hunter Street intersection
- Zoned B4 mixed use
- 129.5sqm alfresco outdoor dining available
- Surrounded by other high-end operators
- Directly adjoining “Sky Hotel Suites” plus 514 residential units above
- 1 secure car space

Inspect by appointment.

*approximately

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property information

  • Address: Retail 2/140 Marsden Street
  • Type: Commercial
  • Price: SOLD
  • Suburb: Parramatta
  • Building Size: 103 m2

contact

Jon Race

Jon Race

P(02) 9687 2777

M0405 500 333

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