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:
Key Investment Highlights:
Building Area: 513sqm* (as per Core Logic)
Total Land Area: 1,267.1sqm* (as per LOT & DP)
Zoning: MU1 Mixed Use
FSR: 1.5 to 1 (as per NSW Planning Portal)
Building Height: 20m (as per NSW Planning Portal)
Passing Income: $140,335.42
With limited offerings of this caliber in the tightly held Parramatta market, 14-16 Pitt Street represents an outstanding opportunity for investors, developers, or owner-occupiers to secure a foothold in Western Sydney's premier commercial hub.
Contact Christian Cirillo 0434 537 009 or Jayden Ayoub 0438 635 477 for further details or to arrange an immediate inspection.
*Approximately
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 20,881 properties. Over the last 5 years, Houses in Parramatta have seen a 38.05% increase in median value, while Units have seen a 9.52% increase. As at 31 December 2025:
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