298 Church Street, Parramatta

At this address is a unit located on a lot in 1/DP84998 Parramatta NSW. Built in 1850, with 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
398 m2
Building size
-
Council area
City Of Parramatta
Year built
1850
Lot plan
1/DP84998 Parramatta NSW
House type
Commercial: Industrial Building



HISTORY

Last sold 29/05/2012
$2,515,000



LISTING DESCRIPTION
as of January 2008

HOT Church Street Retail! Rare opportunity in the heart of Parramatta's burgeoning restaurant/retail strip. Leased to Cash Converters until 2011 this three storey commercial building with dual street frontages offers endless potential.The property occupies a prime location on the eastern side of Church Street between the intersections of George and Phillip Streets and enjoys rear lane access from Erby Lane, this central location is only a short walk to Parramatta's Bus and Rail Transport Interchange whilst enjoying all of Parramatta's nearby ammenities.Erected on site is a part two and three storey retail building originally constructed circa 1850's and has since been refurbished and added to throughout the years. Consisting of a ground floor retail area with two levels of commercial/storage space. The building is leased to VGC Trading Pty Ltd (Trading as Cash Converters) on the following terms:• Lease commenced 15th September 2006• Lease Expires 14th September 2011• Gross Income $164,325 p.a. plus GST (from 15th September 07)• Fixed 5% annual increasesTotal Area: 831 m2Site Area: 405 m2Auction Location: Angel Place Auction Rooms, Mezzanine Level, 123 Pitt Street, Sydney