28A Phillip StreetParramatta NSW 2150
Property Details for 28a Phillip St, Parramatta
Last Listing description (June 2019)
Four Lease Strata Lots in one line
Directly opposite the Parramatta Park Royal, and shortly the Powerhouse Museum, with the Eat Street Car Park to the rear it is truly in an enviable position.
Spry Roughley Chartered Accountants have occupied this modern building for more than 20 years commencing from a modest two person business to now 410 sq m with 4 car spaces.
Approximate Net Income $ 201,756*
It's not just the light rail, Parramatta is getting a new and expanded Arts and Theatre precinct for the circa 25,000 additional people due to live nearby by 2025.
QBE, NAB and NSW Property have pre-committed to very large commercial office developments that are currently under construction (total of circa 240,000 sq m). We have seen significant rental growth, falling incentives with virtually no A Grade Space available for rent.
The Opportunity & Potential
-To occupy at the lease expiry
-Passive investment for your superfund
-Selloff of lots
Further details, an IM or the contract of sale contact Paul Salter 0412 988 899.
Offers Close Tuesday, 25th April 2019 4pm if not sold prior.
Property History for 28a Phillip St, Parramatta, NSW 2150
- 19 Nov 2021Sold for $7,100,000
- 14 Mar 2019Listed for Sale Expressions of Interest
Recent sales nearby
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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 21,148 properties. Over the last 5 years, Houses in Parramatta have seen a 24.14% increase in median value, while Units have seen a 6.76% increase. As at 30 April 2026:
- The median value for Houses in Parramatta is $1,631,066 while the median value for Units is $636,199.
- Houses have a median rent of $700 while Units have a median rent of $670.
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