Overview
- Updated On:
- November 30, 2018
- 3 Bedrooms
- 1 Bathrooms
- 1 Garages
AUCTION: SATURDAY 10 NOVEMBER 2018; 11:30AM
Contact the listing agent Gerber Properties from the link below for further details:
GERBER PROPERTIES
PARRAMATTA
- Parramatta is a major city growing exponentially
- Parramatta is on track to outstrip the growth in Sydney’s other major business centres including the city’s CBD and Macquarie Park, according to projections by real estate consultants Knight Frank
- The estimated growth figures are:
The value of the economy will jump for $23 billion to $30 billion by 2021
Parramatta’s economic growth will nearly double in the next 4 years from 2.4% to 4.6%
41,000 people will move to Parramatta by 2021 increasing the population to 271,000. This is double the Australian average growth
186,000 people will work in Parramatta by 2021 - A new 15 storey campus of The University of Western Sydney has recently opened in the Parramatta CBD
- Parramatta is already home to The NSW Police headquarters & Sydney Water Head Office
- Over the next 5 years it is projected that the CBD will be 1/3 larger than it is today
- The massive expansion has arrived as the city embraces its riverfront. Thousands of new apartments, along with numerous restaurants, cultural and entertainment premises are being built on the water in an area east of Church St
- The new Parramatta Square, behind the city’s town hall, will feature new developments. These include Lang Walker’s proposed 90-storey Aspire tower, which will be the tallest residential building in NSW (subject to Civil Aviation approval), along with two office towers, including a proposed 38-storey office building, the largest in Western Sydney, which the NSW Department of Planning may move into
YOUR OPPORTUNITY
- A 3 bedroom brick clad house in original condition
- Your opportunity to create equity by renovating the house
- Land size is 462sq.m (approx.)
- Budget entry level for a house into the rapidly expanding Parramatta City
- Walk to the University of Western Sydney
- Easy access into Parramatta CBD
- Perfect for the 1st home buyer/renovator/investor
The information shared with you on this site by Sydney Growth Properties Pty Ltd is general information only, and has not been prepared taking into account the individual circumstances of the person to whom it is given. Intending purchasers, before acting on any information should assess the suitability of any investments in any property in light of their own personal objectives, financial situation & needs. In preparing this information Sydney Growth Properties Pty Ltd has used resources to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. As always, you should obtain appropriate, qualified advice before making any investment decision, because all investments involve risk. The information is shared with you purely for the purpose of property investor education. It does not take into account your personal financial situation or needs.
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