302 Church Street Parramatta NSW 2150

Ray White Commercial NSW is pleased to present for sale 302 Church Street, Parramatta. This iconic Eat Street' investment asset represents a fully leased freehold opportunity with upside located in the heart of Parramatta CBD.

This well-known corner-asset offers investors the opportunity to corner Parramatta's Eat Street market with its spectacular pedestrian frontages and high-profile location. Parramatta Eat Street has for years offered Sydneysiders a rich mix of dining, cultural entertainment, retail, nightlife and leisure experiences. This existing dynamism is firmly supported by Parramatta's position as the 6th largest GDP of Australia, enjoying constant federal and state level investments which will only enhance this location's appeal.

This is your opportunity to be a part of this exciting new era in Parramatta.

302 Church Street, Parramatta benefits from the following attributes:

*Fully leased freehold building presenting an opportunity to invest or occupy in the future
*Currently a two-storey building comprised of 8 tenancies with massive street exposure
*Located in the heart of Parramatta's famous Eat Street moments from all amenities
*Ideal Eat Street asset with three street frontages on the busiest Parramatta pedestrian corner of Church and Phillip Street
*Generous land area of 774.3sqm*
*Total net lettable area of 1,001sqm*
*Current passing income of $754,390*+GST with potential to increase
*Rear lane access
*Long term and well known retail tenants including Coco Cubano
*Underlying development potential with proposed increase in Floor Space Ratio (FSR)

The property is offered for sale by Expressions of Interest closing on Wednesday, 9th October 2019 at 3pm (AEDT).

To find out more about this property, please get in contact with the exclusive marketing agents.