Parramatta. CBD site sold for $15 million

The Becton Property Group has a sold vacant site, on a prominent corner in the western precinct of the CBD, for $15 million, to Crown International, which plans to build a residential, commercial and retail complex. A current development approval exists for a 40,000-square-metre commercial building. Crown International has completed a $120 million, 246-apartment residential tower, in Cowper Street, Parramatta.