22A O'Connell Street, Parramatta, NSW 2150 | Commercial for sale | OnTheHouse
 
FOR SALE
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22A O'Connell Street
Parramatta NSW 2150

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Land area: 3073m2
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Government Surplus Land - 3,073m2* Land benefitting from MU1 Mixed Use Zoning

RWC Western Sydney is pleased to present 22A O'Connell Street, Parramatta, on behalf of NSW Government, representing a strategically located landholding within the core of Sydney's second CBD. The property will be offered for sale via a Request for Tender process.
Comprising 3,073m2* and benefitting from MU1 Mixed Use zoning, the property offers an opportunity to secure a flexible and scalable development site within one of Australia's fastest-evolving metropolitan centres. The planning controls provide capacity, with a 3:1 FSR and dual building height controls of 18m and 54m, supporting a wide range of potential future outcomes (STCA).
Centrally located adjoining the Parramatta Justice Precinct and neighbouring landmark commercial assets including the 8 Phillip Street and the Lennox Parramatta, the site is positioned within an established institutional and commercial core.
Underpinned by transport infrastructure, employment growth and continued public and private investment, 22A O'Connell Street represents an opportunity to capitalise on Parramatta's long-term economic and urban expansion.
Additional Highlights of the Property:
• Site Area 3,073m2*
• Zoned MU1 Mixed Use
• Building Height 18m & 54m
• Floor Space Ratio (FSR) 3:1
• Mixed use zoning allowing a multitude of future developments^
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Property Details for 22a O'Connell St, Parramatta

Building Type
Commercial
Land Size
3073m2
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About Parramatta 2150

The size of Parramatta is approximately 5.5 square kilometres. There are 29 parks, covering nearly 23.8% of the 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 21,374 properties. Over the last 5 years, Houses in Parramatta have seen a 15.74% increase in median value, while Units have seen a 6.02% increase. As at 31 July 2026:

  • The median value for Houses in Parramatta is $1,594,453 while the median value for Units is $630,550.
  • Houses have a median rent of $720 while Units have a median rent of $680.
There are currently 206 properties listed for sale, and 156 properties listed for rent in Parramatta on OnTheHouse. According to Cotality's data, 989 properties were sold in the past 12 months in Parramatta.

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Victor Sheu
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