Internal Ref: 1P2834
Summary
On Behalf of PwC as Receivers and Managers, MQ & Associates are pleased to exclusively offer 295 Church Street Parramatta for sale via Expressions of Interest. Key investment highlights include...
Location Details
Church Street
About the Business
On Behalf of PwC as Receivers and Managers, MQ & Associates are pleased to exclusively offer 295 Church Street Parramatta for sale via Expressions of Interest.
Key investment highlights include:
- Large 1,075sqm site area with attractive planning overlays
- Prominent development pocket with with Bonus Floor Space Ratio allocations available (STCA)
- 35sqm* frontage along Parramatta's 'Eat Street'
- Increased access with new Light Rail stop in close proximity
- Passive income via restaurant tenancy and short term Hotel tenancy
- 24-hour full hotel licence with 30 gaming machines (25 entitlements + 5 permits)
295 Church Street is a rare opportunity to acquire one of the last remaining consolidated high rise residential developments opportunities within the Parramatta Riverbank Precinct.
The proposed sale includes land & improvements along with liquor licence, gaming entitlements, and gaming permits.
The vendor will also consider separate offers on the land & improvements, and the licence and gaming assets.
295 Church Street is being offered for sale by Expressions of Interest, closing Thursday, 5 September 2024 at 4.00pm
*approx.
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