Lot 5&6/55 Phillip St, Parramatta, NSW 2150 | Commercial for sale | OnTheHouse
FOR SALE
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Lot 5&6/55 Phillip Street
Parramatta NSW 2150

Bedrooms: -
Bathrooms: -
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Floor area: 166m2
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Prime 9B Commercial Suites In Parramatta CBD

Raine & Horne Commercial Parramatta is pleased to present Lots 5 & 6, 55 Phillip Street, Parramatta to the market For Sale via Private Treaty.
This offering represents an exceptional opportunity to secure a high-quality, 9B certified commercial premises within the heart of the Parramatta CBD. Perfectly positioned in the rapidly evolving core of Parramatta, 55 Phillip Street presents a rare and premium opportunity for investors and owner-occupiers alike. Positioned at the crossroads of economic activity, infrastructure investment, and cultural vibrancy, this property represents a smart acquisition in a high-growth urban precinct.
Boasting a central CBD location, the property offers immediate access to a host of key landmarks, lifestyle, and transport options:
• Parramatta Ferry Wharf - Just 220 metres away (a picturesque 3-minute stroll), offering seamless river connectivity.
• Church Street Light Rail Stop - A mere 290 metres from your doorstep, part of the transformative Parramatta Light Rail network.
• Parramatta Justice Precinct - Only 550 metres away, placing you within close reach of key government and legal institutions.
• Parramatta Square - Approx. 750 metres walk, housing major blue-chip tenants, government departments, and world-class commercial spaces.
• Parramatta Railway Station & Bus Interchange - 950 metres away, providing direct access to the Sydney CBD, western suburbs, and beyond.
• Phillip Street at Charles Street Bus Stop - Just 130 metres away.
• George Street near Smith Street Bus Stop - Around 300 metres from the property.
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Property Details for Lot 5&6/55 Phillip St, Parramatta

Building Type
Commercial
Floor Size
166m2
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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 20,818 properties. Over the last 5 years, Houses in Parramatta have seen a 47.03% increase in median value, while Units have seen a 7.76% increase. As at 30 November 2025:

  • The median value for Houses in Parramatta is $1,707,888 while the median value for Units is $622,186.
  • Houses have a median rent of $620 while Units have a median rent of $675.
There are currently 181 properties listed for sale, and 129 properties listed for rent in Parramatta on OnTheHouse. According to Cotality's data, 953 properties were sold in the past 12 months in Parramatta.

Suburb Insights for Parramatta 2150

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Jayden Ayoub
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Christian Cirillo
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Raine & Horne Commercial Parramatta
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.