2 Wentworth Street, Parramatta, NSW

2 Wentworth Street, Parramatta

2 Wentworth Street, is located on the north eastern corner of Wentworth and Parkes Streets in the core of the Parramatta CBD, in close proximity to Parramatta Railway Station and the Westfield Shopping Centre. Surrounding development generally comprises modern office towers including 16-18 Wentworth Street, 10 Valentine Avenue, and Mantra Parramatta.

The property is recently refurbished A-grade office asset comprising ground floor retail and nine levels of office accommodation and is fully leased to high quality tenants including the NSW Government, Secure Parking and the Uniting Church.

 

Property Information  
Property Type A – Commercial Office
Ownership Interest 100%
Title Freehold
Site area 2,339 sqm
Net lettable area (NLA) 10,941 sqm
Building constructed circa 1987
Latest refurbishment 2014
Car park spaces 118

*Past performance is not indicative of future performance. Annualised total return of 13.21% is current as at 12 October 2016 and is the average of returns across all funds managed to completion (all real estate assets sold and debt repaid) by Centuria Property Funds Ltd as responsible entity/trustee since 1998 and includes capital gains as well as distributions paid during the life of completed funds shown on a per annum basis. The annualised total return does not represent the current performance of any of Centuria’s funds currently under management. Each fund managed by Centuria Property Funds will have different characteristics, properties and risk and should be assessed by an investor independently of the performance of completed funds. Average per annum returns calculated at the completion of a fund do not take into account returns in any particular year and current or future funds may experience fluctuations in asset values and distributions during the life of a fund.