Issue 50 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

Boundary Indicative

Prime mixed use development site

– Large 2,375sqm* corner site – Elevated positioning with the opportunity to harness vast district and city view corridors – Versatile MU1 Mixed Use Zoning – Council endorsed and accepted reference design for the design excellence process under the Parramatta LEP 2023 providing a 12:1 FSR and 211 metre height limit – Additional bonus of 3.45:1 FSR via the Housing SEPP 2021 (Amendment 2023) – Maximum permissible GFA of 36,693 sqm* (includes all bonuses - STCA & STGA) – Estimated gross passing income c. $1,000,000 p.a – 550m* to Parramatta Train Station – Adjacent to major shopping centre Westfield Parramatta

For sale Marsden Street, Parramatta NSW For sale via an International Expressions of Interest Closing Thursday 21 March 2024 at 3.00pm

*(Approx.)

Dylan McEvoy 0406 560 204

Gordon McFadyen 0451 956 273

James Cowan 0425 337 691

Jordan McConnell 0419 990 295

property.jll.com.au

April / May 2024 – 49

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