SOLD
Sold on 30 Apr 2024 for $7,900,000

596A Church Street
North Parramatta NSW 2151

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 289m2
Land area: 1962m2
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Property Details for 596a Church St, North Parramatta

Building Type
Commercial
Floor Size
289m2
Land Size
1962m2
Local Government
City Of Parramatta
Lot/Plan
102/DP1015793

Last Listing description (September 2023)

Unique opportunity to acquire a high-quality commercial building with excellent exposure.

Strategically located in the heart of North Parramatta's commercial precinct, with excellent access to major arterial roads including Victoria Road, James Ruse Drive, and the M4 Motorway.


Details Include:
- Well-presented commercial building with modern finishes and fixtures throughout.
- Direct access into the showroom floor as well as rear roller shutter access, providing an efficient way to load and unload goods.
- Mixture of open plan showroom and a large mezzanine level, offering additional space and flexibility.
- Air conditioned throughout with full staff amenities including, kitchenette and bathroom facilities.
- Expansive floor-to-ceiling window facade allowing plenty of natural light and providing a great view of the surrounding area.
- E3 Productivity Support Zoning - Parramatta Council

The building is currently tenanted to a multi national company.
The property will be sold as a going concern via provision of an existing lease returning $315,187.56 Net Plus GST per annum.

For further details or to arrange an inspection please contact the exclusive agents.

Property History for 596a Church St, North Parramatta, NSW 2151

A timeline of how this property has performed in the market
Last Sold
$7,900,000
30 Apr 2024
Listed for Rent
$400k/w
14 Jul 2020
  • 30 Apr 2024
    Sold for $7,900,000
  • 02 Mar 2023
    Listed for Sale Contact Agent
  • 03 Mar 2020
    Listed for Rent - Price not available
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About North Parramatta 2151

The size of North Parramatta is approximately 5.2 square kilometres. It has 25 parks covering nearly 25% of total area. The population of North Parramatta in 2011 was 12,593 people. By 2016 the population was 13,236 showing a population growth of 5.1% in the area during that time. The predominant age group in North Parramatta is 30-39 years. Households in North Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Parramatta work in a professional occupation. In 2011, 46% of the homes in North Parramatta were owner-occupied compared with 41.5% in 2016.

North Parramatta has 6,368 properties. Over the last 5 years, Houses in North Parramatta have seen a 54.42% increase in median value, while Units have seen a 17.38% increase. As at 31 December 2024:

  • The median value for Houses in North Parramatta is $1,721,354 while the median value for Units is $643,674.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 34 properties listed for rent in North parramatta on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in North parramatta.

Suburb Insights for North Parramatta 2151

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.