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586 Parramatta Rd 678 SF Office/Retail Condo Unit Offered at $413,206 CAD in Croydon, NSW 2132
Investment Highlights
- Close to Croydon Village, Five Dock retail precinct, and short commute to Sydney CBD.
- Prime location on Parramatta Road with excellent street exposure.
- Located near major retailers including McDonald’s and BP, ensuring consistent traffic.
Executive Summary
586 Parramatta Road is a mixed-use complex strategically located along Parramatta Road within Croydon’s commercial precinct, near the Five Dock boundary. The building features commercial accommodation in close proximity to major arterial roads and convenient public transport links. The surrounding area includes high-density residential apartments and prominent national retailers, creating consistent passing traffic and strong local demand.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Positioned for maximum exposure within the busy Parramatta Road corridor, Suite 3/586 presents a flexible commercial opportunity on the Croydon and Five Dock border. Offering approximately 63 m² of internal space, this strata property currently features a functional layout configured as a hair and beauty salon but is suitable for a range of businesses including barber services, professional offices, allied health, or specialty retail (STCA).
Sale Notes
Surrounded by a thriving mix of national retailers, the property sits adjacent to high-traffic operators such as BP Service Station, McDonald’s, Oporto, and Wild Bean Café. The immediate area benefits from strong residential density and easy access to Croydon Village, Five Dock shopping strip, and frequent CBD-bound transport options.
With vacant possession and a competitive price point, this opportunity is well-positioned for owner-occupiers or investors seeking to capitalise on a high-visibility Inner West location with versatile use potential.
With vacant possession and a competitive price point, this opportunity is well-positioned for owner-occupiers or investors seeking to capitalise on a high-visibility Inner West location with versatile use potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 678 SF | Office/Retail | $413,206 CAD ($609.45 CAD/SF) | - |
Unit 3
| Unit Size |
| 678 SF |
| Condo Use |
| Office/Retail |
| Price |
| $413,206 CAD ($609.45 CAD/SF) |
| NOI |
| - |
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Unit 3
| Unit Size | 678 SF |
| Condo Use | Office/Retail |
| Price | $413,206 CAD ($609.45 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Positioned for maximum exposure within the busy Parramatta Road corridor, Suite 3/586 presents a flexible commercial opportunity on the Croydon and Five Dock border. Offering approximately 63 m² of internal space, this strata property currently features a functional layout configured as a hair and beauty salon but is suitable for a range of businesses including barber services, professional offices, allied health, or specialty retail (STCA).</li></ul> | |
| Sale Notes | |
| Surrounded by a thriving mix of national retailers, the property sits adjacent to high-traffic operators such as BP Service Station, McDonald’s, Oporto, and Wild Bean Café. The immediate area benefits from strong residential density and easy access to Croydon Village, Five Dock shopping strip, and frequent CBD-bound transport options.<br> With vacant possession and a competitive price point, this opportunity is well-positioned for owner-occupiers or investors seeking to capitalise on a high-visibility Inner West location with versatile use potential.</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 | 66,736 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 16,684 SF |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C | Lot Size | 1.04 AC |
| Total Building Size | 66,736 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 16,684 SF |
| Tenancy | Single |
| Lot Size | 1.04 AC |
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1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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586 Parramatta Rd
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