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23 Castle St 10,323 SF 100% Leased Flex Building North Parramatta, NSW 2151 $2,926,580 ($283.51/SF)
Investment Highlights
- Located within the North Parramatta business hub, minutes from Parramatta CBD with efficient transport links.
- Generous on-site parking for approximately 10 cars, ensuring tenant and visitor convenience.
- Two separate industrial units, currently leased to a swimming school and a music school for steady income.
- Opportunity for additional unit development or subdivision, subject to council approval.
Executive Summary
Positioned in the high-demand North Parramatta industrial precinct, this property presents a unique opportunity for investors and owner-occupiers alike. The site comprises two separate industrial units currently occupied by long-standing tenants, offering stable cash flow and immediate income security. Zoned E3 Productivity Support, the property allows for diverse future uses, including childcare facilities, community centers, and industrial-related retail, subject to council approval.
The land comprises approximately 1,438 sqm with a Floor Space Ratio of 1.5:1 and a 12-meter height limit, providing a platform for future redevelopment potential. Ample on-site parking for at least 10 vehicles enhances its operational convenience for existing and prospective uses. Situated minutes from Parramatta CBD with seamless connectivity to the M4 Motorway, light rail, and major arterial roads, the location ensures easy access to Sydney’s broader transport network.
With strong locational credentials, a flexible zoning framework, and value-add potential, this property offers a rare chance to secure a foothold in one of Western Sydney’s most active industrial markets.
The land comprises approximately 1,438 sqm with a Floor Space Ratio of 1.5:1 and a 12-meter height limit, providing a platform for future redevelopment potential. Ample on-site parking for at least 10 vehicles enhances its operational convenience for existing and prospective uses. Situated minutes from Parramatta CBD with seamless connectivity to the M4 Motorway, light rail, and major arterial roads, the location ensures easy access to Sydney’s broader transport network.
With strong locational credentials, a flexible zoning framework, and value-add potential, this property offers a rare chance to secure a foothold in one of Western Sydney’s most active industrial markets.
Property Facts
| Price | $2,926,580 | Lot Size | 0.36 AC |
| Price Per SF | $283.51 | Rentable Building Area | 10,323 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Parking Ratio | 0.97/1,000 SF |
| Building Class | C |
| Price | $2,926,580 |
| Price Per SF | $283.51 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.36 AC |
| Rentable Building Area | 10,323 SF |
| No. Stories | 2 |
| Parking Ratio | 0.97/1,000 SF |
Amenities
- Signage
- Yard
- Storage Space
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23 Castle St
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