Colliers launches rare CBD freehold opportunity as demand surges for owner-occupier assets in Sydney’s second CBD.
Colliers is proud to bring to market a truly unique commercial property in the heart of Parramatta’s CBD. Known as Lachlan Macquarie Chambers, 16 George Street is a two-level, 927.2 sqm office building steeped in history and architectural character.
Purpose-built in 1986 to accommodate 26 barristers, the property has been meticulously maintained and refurbished over the years, retaining its striking Art Deco features including granite steps, decorative ceilings, and a rendered façade.
The building is currently 100% owner-occupied and will be sold with vacant possession, presenting a rare opportunity for owner-occupiers or investors to secure a standalone facility in one of Sydney’s most tightly held commercial precincts.
John McCann, National Director | Office Capital Markets & Investment Services at Colliers, said, “Parramatta is undergoing a major transformation, driven by unprecedented levels of public and private investment. Over the next two years, it will become Sydney’s second-largest CBD by office supply, surpassing North Sydney. This asset is perfectly positioned to benefit from that growth, with direct access to transport infrastructure and proximity to the Parramatta Justice Precinct.”
“What makes 16 George Street truly special is its combination of heritage charm and commercial functionality. Every office has natural light, the building is fully accessible, and the zoning allows for a wide range of future uses. Whether it’s legal, medical, professional services or boutique corporate headquarters, this property offers flexibility and prestige in equal measure.”
“We’re already seeing strong enquiry levels for Parramatta assets underpinned by quality and location. With limited new supply forecast until 2027 and fit-out demand remaining high, this building is well placed to attract both owner-occupiers and investors looking to capitalise on the next phase of Parramatta’s evolution,” Mr McCann added.
Situated on a 602 sqm* site with Mixed-Use zoning, the property is just 200 metres from Church Street Light Rail Station and 500 metres from Parramatta Train Station. It features a rear courtyard, first-floor balcony overlooking the courts, and a stair lift system for accessibility. The building’s proximity to the District Court, Local Court, and Federal Circuit and Family Court of Australia further enhances its appeal for legal and professional users.
Lachlan Macquarie Chambers presents a rare opportunity to secure a piece of Parramatta’s commercial legacy, positioned for future growth in one of Sydney’s most dynamic CBDs. Expressions of Interest close Thursday, 4 September 2025 at 3:00pm (AEST).
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