Raine & Horne Commercial Parramatta is pleased to present Lots 5 & 6, 55 Phillip Street, Parramatta to the market For Sale via Private Treaty.This offering represents an exceptional opportunity to secure a high-quality, 9B certified commercial premises within the heart of the Parramatta CBD. Perfectly positioned in the rapidly evolving core of Parramatta, 55 Phillip Street presents a rare and premium opportunity for investors and owner-occupiers alike. Positioned at the crossroads of economic activity, infrastructure investment, and cultural vibrancy, this property represents a smart acquisition in a high-growth urban precinct.Boasting a central CBD location, the property offers immediate access to a host of key landmarks, lifestyle, and transport options: Parramatta Ferry Wharf - Just 220 metres away (a picturesque 3-minute stroll), offering seamless river connectivity. Church Street Light Rail Stop - A mere 290 metres from your doorstep, part of the transformative Parramatta Light Rail network. Parramatta Justice Precinct - Only 550 metres away, placing you within close reach of key government and legal institutions. Parramatta Square - Approx. 750 metres walk, housing major blue-chip tenants, government departments, and world-class commercial spaces. Parramatta Railway Station & Bus Interchange - 950 metres away, providing direct access to the Sydney CBD, western suburbs, and beyond. Phillip Street at Charles Street Bus Stop - Just 130 metres away. George Street near Smith Street Bus Stop - Around 300 metres from the property. Parramatta Park - Only 400 metres away, ideal for staff breaks or a scenic lunchtime stroll. Riverside Theatres and the buzzing Eat Street Dining Precinct, right nearby perfect for client entertaining or after-hours unwinding.Key Investment Highlights: Building Area: 166 sqm* Zoning: E2 Commercial Centre (as per NSW Planning Portal) Tenure: Leased investment Tenure: Strata-titled 9B certified commercial suitesWhether you're looking to occupy, invest, or landbank, this property delivers both immediate value and long-term potential in one of Australia's most dynamic commercial hubs.Contact Jayden Ayoub 0438 635 477 or Christian Cirillo 0434 537 009 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 21,123 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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