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80 George Street
Parramatta NSW 2150
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Sold on 13 Sep 2019

80 George Street Parramatta NSW 2150

  • Offices
  • 8,093 m²
  • Sold

For Sale: Freehold Office Investment with Strong Cash Flow & Development Potential

    Knight Frank is pleased to offer for sale a freehold office investment in the heart of Parramatta CBD.

    Key features include:

    - Refurbished 10-storey asset with ground floor retail in the heart of Parramatta CBD
    - Prominent corner site of 1,731 sqm* with three street frontages
    - Total NLA of 8,093 sqm* plus 103 basement car spaces
    - 95% leased to a diverse range of tenants with a 5 year WALE underpinned by a major bank tenant
    - Estimated fully leased net income $4.3M* per annum with positive rental reversion potential
    - Extensive capital expenditure works including new cooling towers, lifts and lobby upgrades
    - Potential redevelopment to yield 17,000sqm+ of potential GFA (STCA)
    - 4.5 Star NABERS Energy Rating

    *Approx.

    For Sale by Expressions of Interest closing Thursday 5 September at 4:00pm AEST

    Knight Frank - Sydney
    Knight Frank - Sydney
    Level 22,123 Pitt St
    Sydney, NSW 2000

    Property Highlights

    Date Sold13 Sep 2019
    Floor Area8,093 m²
    Land Area1,731 m²
    Energy4.5-star NABERS Energy rating
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2015491093
    Category
    Last updated  8 Aug 2023
    Map for 80 George Street Parramatta NSW 2150

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    Knight Frank - Sydney
    Knight Frank - Sydney
    Level 22,123 Pitt St
    Sydney, NSW 2000

    Property Highlights

    Date Sold13 Sep 2019
    Floor Area8,093 m²
    Land Area1,731 m²
    Energy4.5-star NABERS Energy rating
    ParkingOn site parking available
    Building TypeWhole building
    Property ID2015491093
    Category
    Last updated  8 Aug 2023

    Listed by

    Dominic Ong
    Knight Frank - Sydney
    Call
    +61 468 969 298

    More about 80 George Street Parramatta NSW 2150

    80 George Street Parramatta NSW 2150 is categorized as Office. It has a floor area of 8,093 m². The listing ID for this property is 2015491093.

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