5-7 Parkes StreetParramatta NSW 2150
Property Details for 5-7 Parkes St, Parramatta
Last Listing description (September 2024)
Laing + Simmons Parramatta Group are pleased to offer three centrally located high exposure retail spaces for lease in the beating heart of the Parramatta CBD. Located under the brand-new 'Observatory Place' Development on Parkes Street. Ready to move, don't miss this unique opportunity to secure these retail spaces. Won't last long.
Property features:
- 3 x Retail/Commercial spaces ranging from 42sqm - 195sqm internally.
- Generous outdoor/alfresco areas
- Open blank canvas suitable to multiple uses (STCA)
- Floor to ceiling glass shop fronts maximising exposure and natural light
- Walking distance to Parramatta CBD
- Carparking
- Available now
Shop 1
- Shop Area: 42sqm
- Alfresco Area: 45sqm
- Parking: 1 space
- Rental per annum: $34,200.00 gross plus GST
Shop 2
- Shop Area: 168sqm
- Alfresco Area: 139sqm
- Parking: 2 spaces
- Rental per annum: $128,600.00 gross plus GST
Shop 3
- Shop Area: 195sqm
- Alfresco Area: 62sqm
- Parking: 2 spaces
- Rental per annum: $129,400.00 gross plus GST
Contact agent to organise inspection!
Property History for 5-7 Parkes St, Parramatta, NSW 2150
- 11 May 2023Listed for Rent - Price not available
- 02 Dec 2021Listed for Sale Contact Agent
Recent sales nearby
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0About 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 20,929 properties. Over the last 5 years, Houses in Parramatta have seen a 43.11% increase in median value, while Units have seen a 9.75% increase. As at 31 January 2026:
- The median value for Houses in Parramatta is $1,660,318 while the median value for Units is $629,660.
- Houses have a median rent of $620 while Units have a median rent of $680.
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