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9 Parnell St 6,221 SF Office Condo Unit Offered at $3,223,800 in Strathfield, NSW 2135
Investment Highlights
- Modern common areas with kitchenette and bathrooms
- Recently upgraded fit-outs, ready for investors
- High-demand area with strong tenant retention
- Prime Strathfield CBD location near train and shops
- Secure parking and lift access in premium building
Executive Summary
Located in the heart of Strathfield CBD, this premium commercial property offers a rare opportunity to acquire a fully fitted whole-floor office space in a high-demand location. Positioned just moments from Strathfield Train Station and major retail amenities, the property provides exceptional connectivity and convenience for tenants and clients alike. The building features modern common areas, lift access, and secure parking, making it an attractive and functional business environment.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 3/-/DP1214964 |
| Cap Rate | 6.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| APN/Parcel ID | 3/-/DP1214964 |
Description
This impressive property comprises an entire floor of approximately 578 m² internal area, complemented by balconies and 12 secure car spaces, bringing the total area on title to approximately 1,048 m². The floor is currently configured into 12 individual office suites of varying sizes, some with private terraces, and features modern fit-outs completed recently. Shared amenities include a stylish kitchenette and contemporary bathroom facilities. The property is air-conditioned throughout and designed to accommodate a range of professional tenants.
Currently, 11 of the 12 suites are leased, with only one smaller suite vacant. Once fully leased, the projected net rental return is approximately $335,000 + GST per annum, delivering an attractive net yield of 5.5% to 6% based on the asking price range.
Currently, 11 of the 12 suites are leased, with only one smaller suite vacant. Once fully leased, the projected net rental return is approximately $335,000 + GST per annum, delivering an attractive net yield of 5.5% to 6% based on the asking price range.
Sale Notes
With a 5.5%–6% net yield, this is an exceptional investment opportunity in one of Sydney’s most tightly held commercial precincts. With a diversified income stream from multiple tenants, modern fit-outs, and minimal capital expenditure required, this property offers both stability and strong long-term growth potential. Its strategic location in Strathfield CBD, combined with excellent transport links and proximity to major retail and dining hubs, ensures enduring tenant demand and low vacancy risk.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 6,221 SF | Office | $3,223,800 ($518.21/SF) | $193,428.01 |
-
| Unit Size |
| 6,221 SF |
| Condo Use |
| Office |
| Price |
| $3,223,800 ($518.21/SF) |
| NOI |
| $193,428.01 |
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-
| Unit Size | 6,221 SF |
| Condo Use | Office |
| Price | $3,223,800 ($518.21/SF) |
| NOI | $193,428.01 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| APN/Parcel ID | 3/-/DP1214964 |
| Description | |
| This impressive property comprises an entire floor of approximately 578 m² internal area, complemented by balconies and 12 secure car spaces, bringing the total area on title to approximately 1,048 m². The floor is currently configured into 12 individual office suites of varying sizes, some with private terraces, and features modern fit-outs completed recently. Shared amenities include a stylish kitchenette and contemporary bathroom facilities. The property is air-conditioned throughout and designed to accommodate a range of professional tenants.<br> Currently, 11 of the 12 suites are leased, with only one smaller suite vacant. Once fully leased, the projected net rental return is approximately $335,000 + GST per annum, delivering an attractive net yield of 5.5% to 6% based on the asking price range.</li></ul> | |
| Sale Notes | |
| With a 5.5%–6% net yield, this is an exceptional investment opportunity in one of Sydney’s most tightly held commercial precincts. With a diversified income stream from multiple tenants, modern fit-outs, and minimal capital expenditure required, this property offers both stability and strong long-term growth potential. Its strategic location in Strathfield CBD, combined with excellent transport links and proximity to major retail and dining hubs, ensures enduring tenant demand and low vacancy risk.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 62,215 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,222 SF |
| Property Subtype | Apartment | Lot Size | 0.32 AC |
| Total Building Size | 62,215 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Typical Floor Size | 6,222 SF |
| Lot Size | 0.32 AC |
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9 Parnell St
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