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Unit 1-6, 1 River Road West & 139-141 Arthur Street and 3-7a River Road West
Parramatta NSW 2150
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  • Unit 1-6, 1 River Road West & 139-141 Arthur Street And 3-7a River Road West, Parramatta NSW 2150
Sold on 14 Nov 2023

Unit 1-6, 1 River Road West & 139-141 Arthur Street and 3-7a River Road West Parramatta NSW 2150

  • Offices
  • 16,485 m²
  • Sold

Vast Industrial Land with Unrivalled Development Potential

  • Huge 16,485m²* combined land area
  • Strong holding income
  • Redevelopment potential

On behalf of KordaMentha as Receivers and Managers Appointed, Colliers as exclusive selling agents, is pleased to offer the following two properties to the market for sale with the ability to acquire the properties either individually or together:

• Property 1: Units 1-6, 1 River Road West, Parramatta
• Property 2: 139-143 Arthur Street and 3-7a River Road West, Parramatta

This is an attractive investment opportunity for industrial owner occupiers, strata developers, build to rent operators, residential apartment developers and self-storage operators.

This prime opportunity is perfectly positioned for a phased development and is further bolstered by ongoing rental income as council approvals are sought, for rezoning or redevelopment.

Underpinned by unrivalled development potential, key aspects of this unique offering include:

• Located in a tightly held market with limited opportunities to acquire redevelopment sites, especially those with major rezoning prospects in proximity of the Parramatta CBD
• Redevelopment sites that present as a genuine and flexible blank canvass to develop a world-class offering
• Two parcels of scale, totalling 16,484m²*, supported by holding income allowing for a staged development
• Significant market rental reversion with the ability to capitalise on the strong occupier market
• Supreme access to existing precinct amenities, major arterial motorways, and transport infrastructure; enabling unrivalled connectivity to Greater Sydney
• The properties are in proximity to large and growing residential catchments and will continue to satisfy and drive demand from e-commerce users

Units 1-6, 1 River Road West, Parramatta and 139-143 Arthur Street and 3-7a River Road West, Parramatta are being offered individually or in-one-line for sale via an Expressions of Interest Campaign closing Thursday, 26 October 2023.

For more information, please reach out to the exclusive agents.

*All figures are approximate

EXPRESSION OF INTEREST

Closing date and time26/10/2023 15:00
Recipient nameAsk Agent
Delivery address.
Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold14 Nov 2023
Floor Area16,485 m²
Land Area1.65 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2018798713
Category
Last updated  21 Nov 2023
Map for Unit 1-6, 1 River Road West & 139-141 Arthur Street and 3-7a River Road West Parramatta NSW 2150

Nearest transport* to Unit 1-6, 1 River Road West & 139-141 Arthur Street and 3-7a River Road West Parramatta NSW 2150

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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold14 Nov 2023
Floor Area16,485 m²
Land Area1.65 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2018798713
Category
Last updated  21 Nov 2023

Co-Agents

Matthew Meynell
Colliers International - Sydney
Call
+61 413 988 878
Gavin Bishop
Colliers International - Sydney
Call
0401 146 051
James Cowan
Colliers International - Sydney
Call
+61 425 337 691
Sean Thomson
Colliers International - Sydney
Call
0418 943 452

More about Unit 1-6, 1 River Road West & 139-141 Arthur Street and 3-7a River Road West Parramatta NSW 2150

Unit 1-6, 1 River Road West & 139-141 Arthur Street And 3-7a River Road West Parramatta NSW 2150 is categorized as Office. It has a floor area of 16,485 m². The listing ID for this property is 2018798713.

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