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Belroy Property is proud to present 28a Phillip Street, Parramatta for sale via Private Treaty.
This is a rare opportunity to secure a freestanding commercial investment in the highly sought-after and tightly held "Eat Street" precinct, offering substantial rental reversion and development upside potential.
Directly adjoining the recently refurbished Park Royal Hotel, only 50m from the new Parramatta Light Rail stop, at the heart of Sydney’s fastest-growing CBD, Parramatta.
Key Highlights:
- Rare freehold building over two storeys
- Corner block with side lane way access
- Site area: 371.3sqm
- Building area: 469.2sqm
- 12m Frontage to Phillip Street, 30m frontage to Phillip Lane
- Zoning: MU1 mixed use zoning
- FSR: 10:1
- Height: 211m
- Significant rental reversion potential
- Single occupancy or diversified income stream potential
- Opportunity to owner occupy in the near future
- Offering major redevelopment possibilities
- Passing Income of $161,350.45 + GST
- Market income potential of $400,000 + GST
Note: All information contained herein is for general reference purposes only. Parties are expressly advised to conduct their own due diligence to verify the accuracy, completeness, and suitability of the property.
Property Code: 968
Remember to mention you found this property on CommercialReady
Belroy Property is proud to present 28a Phillip Street, Parramatta for sale via Private Treaty.
This is a rare opportunity to secure a freestanding commercial investment in the highly sought-after and tightly held "Eat Street" precinct, offering substantial rental reversion and development upside potential.
Directly adjoining the recently refurbished Park Royal Hotel, only 50m from the new Parramatta Light Rail stop, at the heart of Sydney’s fastest-growing CBD, Parramatta.
Key Highlights:
- Rare freehold building over two storeys
- Corner block with side lane way access
- Site area: 371.3sqm
- Building area: 469.2sqm
- 12m Frontage to Phillip Street, 30m frontage to Phillip Lane
- Zoning: MU1 mixed use zoning
- FSR: 10:1
- Height: 211m
- Significant rental reversion potential
- Single occupancy or diversified income stream potential
- Opportunity to owner occupy in the near future
- Offering major redevelopment possibilities
- Passing Income of $161,350.45 + GST
- Market income potential of $400,000 + GST
Note: All information contained herein is for general reference purposes only. Parties are expressly advised to conduct their own due diligence to verify the accuracy, completeness, and suitability of the property.
Property Code: 968
Remember to mention you found this property on CommercialReady
28A Phillip St, Parramatta, NSW, 2150
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
