1 Grose St, Parramatta is a 16 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 2420m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 16 bedroom Unit sold in Parramatta in the last 12 months.
Set on 841sqm in a prime Parramatta location, this entire block of 8 x 2 bedroom apartments presents a rare opportunity to secure an income-producing asset with outstanding development potential. All with lock up garages, balconies and internal laundries. An amazing location, only seconds to the Light Rail, Parramatta Station, Westfield, schools and cafs, the property benefits from exceptional connectivity and sits within a high density zoning allowing significant future uplift (STCA). Currently returning $183,820pa with scope to further increase. Entire block of 8 x 2 bedroom apartments Secure investment with strong rental income potential 8 on-site parking plus additional visitor parking Zoned LMR with outstanding redevelopment potential (FSR 3:1, height limit 40m) Ideal "land bank" opportunity in a rapidly evolving precinct Moments to shops, transport, schools, and local amenities Invest now, hold for future growth or redevelop (STCA)Ray White Double Bay - Exceptional Living Begins HereOur recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
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 21,146 properties. Over the last 5 years, Houses in Parramatta have seen a 30.48% increase in median value, while Units have seen a 5.58% increase. As at 31 March 2026:
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