Introducing a rare opportunity to own a prime piece of real estate in the heart of Parramatta CBD. This property boasts R4 zoning sets on a corner block, making it an ideal space for creating your dream home, establishing commercial premises, or pursuing your development project (subject to council approval)
This property is not only a developer's dream but also offers an unbeatable location. Just steps away from all of Parramatta's key attractions, including the bustling train station, the esteemed University of Westen Sydney, vibrant shopping options, renowned Parramatta eat street and entertainment venues, the newly opened Parramatta aquatic centre, and the picturesque Parramatta River walking and cycling track. The list is endless! A truly unparalleled lifestyle experience awaits!
Don't miss out on this incredible opportunity to secure a prime piece of real estate in one of Sydney's most sought-after locations.
Hunters Agency & Co believe that the information contained herein is gathered from sources such as Principal/vendors & their legal representatives which we deem to be reliable. All lot sizes/measurements are approximate; the website may have filtered the property into a price bracket for website functionality purposes. However, no representation or warranties of any nature interested parties should rely on their own inquiries. Intending purchasers should seek legal & accounting advice before entering into any contract of purchase.
The size of Parramatta is approximately 5.5 square kilometres. It has 29 parks covering nearly 23.8% of total area. The population of Parramatta in 2011 was 19,744 people. By 2016 the population was 25,788 showing a population growth of 30.6% in the area during that time. The predominant age group in Parramatta is 30-39 years. Households in Parramatta are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parramatta work in a professional occupation. In 2011, 35.9% of the homes in Parramatta were owner-occupied compared with 28.1% in 2016.
Parramatta has 19,063 properties. Over the last 5 years, Houses in Parramatta have seen a 58.91% increase in median value, while Units have seen a 7.01% increase. As at 31 October 2024:
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