14-16 Pitt Street, Parramatta, NSW 2150 | Commercial for sale | OnTheHouse
 
FOR SALE
For Sale - $6,800,000

14-16 Pitt Street
Parramatta NSW 2150

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1267m2
Land area: 1267m2
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Prime Development Site + Flexible Zoning + Holding Income

Raine & Horne Commercial Parramatta present 14-16 Pitt Street, Parramatta to the market For Sale via Expression of Interest. This is a rare and strategic opportunity to acquire a development site with passing income in the heart of one of Sydney's fastest-growing commercial and residential precincts.
14-16 Pitt Street, Parramatta is a prime opportunity located in the heart of Parramatta's rapidly evolving CBD. The subject site is well-positioned within one of Sydney's most significant growth corridors, benefiting from proximity to major transport, retail, education, and health infrastructure. Just a short walk from Parramatta Railway Station, Westfield Parramatta, Parramatta Square, and the new aquatic centre, the site offers exceptional convenience and strong future development potential.
Strategically located within the core Parramatta CBD, the property benefits from proximity to key infrastructure and amenity:
• Parramatta Railway Station & Bus Interchange: 800m* - direct links to Sydney CBD and Western Sydney
• Parramatta Square: 850m* - A world-class commercial and civic hub with major government and corporate tenants
• Church Street Light Rail Stop: 900m*
• Bus Stops:
- Phillip Street at Charles Street: 300m*
- George Street near Smith Street: 300m*
• Eat Street Dining Precinct: 950m* - Ideal for staff, clients, and visitors
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Property Details for 14-16 Pitt St, Parramatta

Building Type
Commercial
Floor Size
1267m2
Land Size
1267m2
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2016 was 25798 people. By 2021 the population was 30211 showing a population growth of 17.1% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation.In 2021, 27.60% of the homes in Parramatta were owner-occupied compared with 28.10% in 2016.

Parramatta has 20,804 properties. Over the last 5 years, Houses in Parramatta have seen a 55.27% increase in median value, while Units have seen a 7.00% increase. As at 31 October 2025:

  • The median value for Houses in Parramatta is $1,725,133 while the median value for Units is $621,515.
  • Houses have a median rent of $620 while Units have a median rent of $670.
There are currently 184 properties listed for sale, and 128 properties listed for rent in Parramatta on OnTheHouse. According to Cotality's data, 949 properties were sold in the past 12 months in Parramatta.

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Christian Cirillo
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Jayden Ayoub
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Raine & Horne Commercial Parramatta
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