Parramatta. Office building sold for $12.2m

A six-storey office building, at 20 Charles Street, in the eastern precinct of the Parramatta CBD, has been sold at Colliers auction for $12.2 million, on a yield of about 5 per cent. The building, on a site of 2230 square metres, has a net lettable area of 5382 square metres, with 164 parking spaces.