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For Sale

Expressions of Interest closing 16th Nov 2021 via email
Knight Frank and Colliers are pleased to offer 32 Phillip Street, Parramatta for sale on behalf of our client, Australian Unity.

This is a unique opportunity in a tightly held market for astute investors to secure a quality asset with near term upside and future redevelopment potential in a prime location with maximum height limits, immediately adjacent the new Powerhouse Museum, which opens in 2024.

The property is set to benefit from significantly increased street activation and retail amenity generated by the high volume of Museum visitations. The proposed Civic Link pedestrian thoroughfare will also provide direct access to the existing Station, new Metro Station and Parramatta Square. Further refurbishment works and generous onsite parking will enhance its reletting prospects and enable this asset to outperform in one of the most dynamic office markets in the country.

32 Phillip Street Parramatta is being offered for sale by Expressions of Interest, closing 4pm (AEDT) 16 November 2021.
  • 05/12/2021
  • Contact our experts for details on this transaction