42 High St, Parramatta is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1860. The property has a land size of 1190m2 and floor size of 280m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Move Realty is excited to present this unique property with high development potential (Subject to Council Approval). For Sale by Expressions of Interest!
Rare opportunity to acquire this superbly located property with endless development potential (STCA) and capitalise on its numerous creative possibilities. This B5 zoned property has the added advantage of a character-filled & charming two storey home to live in, invest, along with a land bank for greater potential, amalgamation or potential Agencies acquisition of neighbouring properties
Zoning:
1. Objectives of B5 zone
• To enable a mix of business and warehouse uses, and specialised retail premises that require a large floor area, in locations that are close to, and that support the viability of, centres.
• To maintain the economic strength of centres by limiting retailing activity.
• To enable land uses that provide facilities or services to meet the day to day needs of workers in the area.
• To encourage a range of tourism, recreation, function and entertainment uses in proximity to the Rosehill Racecourse, the Parramatta River and the Western Sydney University.
• To provide for automotive businesses, trades and services to reinforce the existing functions of land within the zone.
• To ensure that development is arranged and carried out in a way that does not intrude on the amenity of adjoining residential areas or detract from the function of commercial development in the commercial core.
2. Permitted without consent
Nil
3. Permitted with consent
Building identification signs; Business identification signs; Centre-based child care facilities; Food and drink premises; Garden centres; Hardware and building supplies; Kiosks; Landscaping material supplies; Markets; Neighbourhood shops; Oyster aquaculture; Passenger transport facilities; Plant nurseries; Respite day care centres; Roads; Self-storage units; Specialised retail premises; Tank-based aquaculture; Timber yards; Vehicle sales and hire premises; Warehouse or distribution centres; Water recycling facilities; Any other development not specified in item 2 or 4
4. Prohibited
Agriculture; Air transport facilities; Airstrips; Animal boarding or training establishments; Boat building and repair facilities; Boat launching ramps; Boat sheds; Camping grounds; Caravan parks; Cemeteries; Charter and tourism boating facilities; Correctional centres; Crematoria; Depots; Eco-tourist facilities; Electricity generating works; Exhibition homes; Exhibition villages; Extractive industries; Farm buildings; Forestry; Freight transport facilities; Funeral homes; Heavy industrial storage establishments; Helipads; Highway service centres; Home-based child care; Home businesses; Home industries; Home occupations; Home occupations (sex services); Industrial retail outlets; Industrial training facilities; Industries; Information and education facilities; Jetties; Marinas; Mooring pens; Moorings; Mortuaries; Open cut mining; Pond-based aquaculture Port facilities; Research stations; Residential accommodation; Restricted premises; Retail premises; Rural industries; Sewerage systems; Sex services premises; Signage; Storage premises; Transport depots; Truck depots; Vehicle body repair workshops; Waste or resource management facilities; Water recreation structures; Water supply systems; Wharf or boating facilities
Planning details of this Development potential property for Sale in Parramatta property can be viewed here! (External NSW Government website)
Location:
Location is excellent: 42 High Street, Parramatta – Off Church Street, just next to the automobile vendors. Ideally positioned in a prominent location; situated within walking distance of local schools, Westfield Shopping Centre, Parramatta Train Station, Harris Park Train Station and amenities.
There is no doubt Parramatta is already a CBD! Parramatta has become a hot spot for buyers. Demand is driving up prices as per recent media news. Parramatta has seen a spike in local and out-of-area buyer interest off the back of major infrastructure announcements, including the Parramatta Light Rail and the $2.7 billion Parramatta Square redevelopment.
Disclaimer:
Move Realty believe that the information contained herein is gathered from sources such as Principal/vendors & their legal representatives, which we deem to be reliable. All lot sizes/measurements approximate. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries. Intending purchasers should seek legal & financial advice before entering into any contract of purchase.
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 20,868 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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