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  • For sale
Parramatta CBD - Recently upgraded, fully leased, B Grade office - #1
Parramatta CBD - Recently upgraded, fully leased, B Grade office - #2
Parramatta CBD - Recently upgraded, fully leased, B Grade office - #3
Parramatta CBD - Recently upgraded, fully leased, B Grade office - #4

For Sale

Expressions of Interest closing 15th Jun 2023 via email
Colliers and Knight Frank are delighted to present 16-18 Wentworth Street, Parramatta to the market for sale.

The property is an eight storey commercial building, comprising offices between ground floor and Level 7, plus three levels of secure basement parking. The building has been significantly upgraded over the past two years, with works including new lifts and full refurbishment of the main lobby and most of the upper floors.

The recent upgrade works, competitive rental, and convenient location near Parramatta Station has attracted strong tenant interest with over 74% of the building relet to new occupants since 2022.

Strategically repositioned to cater for the thriving training and education sector, it has outperformed competing assets for leasing uptake.

Key features:
- 6,405m²* NLA
- 1,333m²* site area
- 850m²* typical floor plate
- 100% occupancy
- 4 year WALE
- $3,341,091 pa net passing income (fully leased)
- NABERS Energy/Water rating - CBD program exempt
- B3 Commercial Core zoning
- 76 car spaces

16-18 Wentworth Street, Parramatta is offered for sale via Expressions of Interest closing Thursday, 15 June 2023 at 4:00pm (AEST).

For more information, please contact the exclusive agents.

*Approx.