1301/45 Macquarie Street, Parramatta NSW 2150

Prime Parramatta CBD tower | 2016 build | north-facing 13th floor | separate study | building amenities pool & gym This unit presents a competitively strong offering within the Parramatta CBD, defined by its efficient 80m² layout that includes a separate study—a functional rarity for a one-bedroom configuration that appeals to both professionals and investors. Its position on the 13th floor with a north-facing aspect ensures strong natural light, while the 2016 construction within the V by Crown building provides modern finishes and access to premium strata amenities. This property best serves a buyer seeking a low-maintenance, high-amenity lifestyle in the epicentre of Parramatta’s urban renewal, with immediate proximity to transport, retail, and major infrastructure projects. The primary decision factors involve strata-related costs and overlay constraints. The property is subject to flood and heritage overlays, which may impact future renovation potential and necessitate specific insurance considerations. The large 2,768m² strata lot with extensive building amenities suggests substantial ongoing strata levies. The commercial logic favours a buy-and-hold strategy, leveraging strong rental demand evidenced by estimates up to $745 per week, with the separate study enhancing yield. Acquire this as a long-term holding within a transforming CBD; our tailored report provides precise real market valuation, strata health checks, and a full assessment of locality risks including overlay implications. Recent comparable sales in Parramatta for similar one-bedroom units indicate a range from approximately $520,000 to over $814,000. This unit’s asking price of $600,000 sits firmly within the mid-range, suggesting it is priced in line with current market expectations for a modern, well-appointed apartment in a landmark building, without a notable premium or discount.