Parramatta Freestanding Building with ASX Listed Tenant

RWC Western Sydney is pleased to present 28 Grose Street, Parramatta for sale via Expressions of Interest.

Unique and rare opportunity to acquire a freehold commercial building in a tightly held market. The property provides a secure income for the investor, ideal for future owner occupiers or the developer looking at land banking.

Strategically located only 200m* to the Fennell Street Light Rail Stop, the property is leased to Pacific Smiles Group Limited (PSQ) being a ASX listed company.

Passing Net rental of $192,379* per annum plus GST with the tenant liable for 100% of outgoings. Leased till 15 May 2028 with no further option period.

Additional highlights of the property are outlined below:

• Two level commercial building of 510m2*
• Versatile and functional floor plan layout
• Highly desirable location
• Onsite car parking for 5 vehicles
• Ideal for investors, future owner occupiers and land bankers
• Potential to reposition and increase income
• 200m* to the new proposed Fennell Street Light Rail Stop
• Walking proximity to Parramatta CBD
• Vendors to meet the market and SELL

The property will be offered for sale via Expressions of Interest, closing Wednesday 25 October 2023 at 3:00pm.

For more information, please contact the below exclusive selling agents.

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