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85-87 & 89 Thomas Street, Parramatta$10m
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85-87 & 89 Thomas Street

Parramatta, NSW 2150, Australia
$10m
5919 m²

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About this property

Hunters Agency + Co is pleased to offer to the market a prime opportunity to acquire an exceptional site within a peaceful location direct on the spectacular Parramatta River and with its key convenient and central location in the heart of Parramatta city ! This prime riverside location is perfect and stylishly ideal for the creation of this sophisticated development opportunity! Direct access to waterfront parkland and cycleways make it a wonderful lifestyle address, with the benefits of Western Sydney University Parramatta campus nearby and being spoil with an abundance of dining and shopping options to the hearts content! Investment Highlights: -Prominent 5918.5 m2 Site footprint -R4 High Density Zoning -Water Front Location -Ample permitted uses to increase profits Generous Height and FSR -Once built water views and city views await -Centrally located to Universities, Parramatta CBD, Arterial roads, Schools, Shopping centres. This unique offering will be sold either on one line or two as below - On one line four properties being 85, 87, 89 & 91 Thomas st Total land size 5918.5 sqm with 80.48 meter frontage - On two lines two properties to form one site 85 & 87 Thomas st total land size 2801.5 sqm with 40.24 m frontage 89 & 91 Thomas st total land size 3117 sqm with 40.24 m frontage Expressions of Interest close Monday 19 December 2022. Please contact the exclusively appointed Hunters team for more information.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
5919 m²
Listed
3 months ago

Repayment calculator

$48,480/month
$24,240 /fortnight
Loan $8,000,000 at 6.10% over 30 years

Upfront costs

Deposit$2,000,000
Stamp duty$633,259
Conveyancing (est.)$2,000
Total upfront$2,635,259
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Parramatta

This land in Parramatta, NSW 2150 sits within reach of public transport, local shops and nearby schools. It is listed 1718% above the $550,000 median of 79 comparable landswithin 5 km.

Schools near Parramatta

  • The Federation College of Educationcombined
  • Bayanami Public Schoolprimary · K-6 · CoEd
  • Parramatta East Public Schoolprimary · K-6 · CoEd
  • Parramatta Public Schoolprimary · K-6 · CoEd
  • Parramatta West Public Schoolprimary · K-6 · CoEd
  • Arthur Phillip High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Macarthur St opp Macarthur Girls High School (bus)687 m away
  • Cartridge World950 m away
  • Foveaux Park292 m away
  • Unnamed409 m away
  • Nature Area417 m away

Parramatta at a glance

Full suburb profile
Population
30,211
Median age
32
Household income
$2,092/wk
Median rent
$440/wk
Median mortgage
$2,080/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Parramatta price trend

Median sold · House 3 bed

Compound growth +5.7% / yr over 4 yrs

$1.25mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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