Canterbury Marrickville Olympic Soccer Club Sells North Parramatta Office

AN OWNER occupier has paid the Canterbury Marrickville Olympic Soccer Club an as yet undisclosed amount for a North Parramatta office building, in Sydney’s west.

The two level office with 16 car spaces is at 5 – 7 Villiers Street, according to the AFR which strangely reported just selective parts of the sale (ie, no sale price)

The building sold with vacant possession, but agents say if it were fully leased, the yield would have equated to about 8.5 per cent.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.