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37-39 Grose St 0.57 Acres of Commercial Land in Parramatta, NSW 2150
Investment Highlights
- Consolidated landholding of approximately 2,321 sqm
- Dual street frontage to Grose Street and Sorrell Street
- Four land lots each containing houses across four separate titles
- Zoned part R4 High Density Residential and part R3 Medium Density Residential
Executive Summary
The site is currently improved with residential dwellings, generating interim holding income, and is positioned within a rapidly evolving urban precinct. The zoning profile and height control provide a framework for higher-density residential development outcomes, subject to planning approvals.
The property’s configuration, existing improvements, and frontage to two streets support flexibility in future redevelopment or repositioning strategies.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.57 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.57 AC |
1 Lot Available
Lot 1-4
| Lot Size | 0.57 AC |
| Lot Size | 0.57 AC |
The property consists of four adjoining land parcels with a combined area of approximately 2,321 sqms. The site occupies a corner position with frontage to both Grose Street and Sorrell Street.
Description
This land amalgamation comprising of 37–39 Grose Street and 31–33 Sorrell Street, Parramatta is positioned on a prominent corner landholding on the fringe of the Parramatta CBD. The property has a combined site area of approximately 2,321 square metres and is finished with four existing houses across four separate titles. The landholding benefits from dual street frontage to Grose Street and Sorrell Street and is zoned part R4 High Density Residential and part R3 Medium Density Residential. The site is subject to a height control of up to 40 metres along the Grose Street frontage, supporting future redevelopment potential (STCA). The property currently provides holding income, with two of the homes leased, and is located within proximity to established transport infrastructure, including the Fennell Street Light Rail stop and Parramatta transport interchange, as well as surrounding retail, commercial and institutional amenity.
Presented by
37-39 Grose St
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