Investment Portfolio
75 George Street, Parramatta, Sydney
The Parramatta property is one of five properties in Stockland Direct Office Trust No.3. Find out more
The Property is a five level, twin tower, B grade commercial office building with two retail tenancies on the ground floor, 104 car spaces in the basement and covered parking at the rear.
The Property is located in the heart of the Parramatta CBD on the corner of Smith Street and George Street. Parramatta is situated approximately 23 kilometres west of the Sydney CBD. Parramatta is considered a transport hub for the western suburbs of Sydney, with a bus and rail interchange and RiverCat Wharf within walking distance of the Parramatta CBD.
St George Bank Limited is the major tenant of the Property.
Key Information
| Location: | 75 George Street, Parramatta NSW |
| Acquisition Date: | June 2007 (upon Allotment of units) |
| Ownership/Title: | 100% / Freehold |
| Independent Valuation: | 30 June 2008 |
| Valuation ($/m2): | $37.5 million ($3,929/m²) |
| Net Lettable Area: | 9,545m² |
| Car Parking Spaces: | 104 |
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