Parramatta. Site sold for $350,000

Parramatta City Council has resolved to sell 64 Phillip Street, an area of 94.9 square metres, to the owner of the adjacent property housing Barnaby’s restaurant, for $350,000. Wallaroo Properties Pty Ltd has lodged aDA with council for alterations to the heritage listed building, at 66-68 Phillip Street, and construction of a 21 storey residential development containing 49 apartments over four levels of basement carparking. Barnaby’s restaurant will be used as a restaurant/cafe. The estimated cost of work: $15.3 million. The Western Sydney Joint Regional Planning Panel will determine the proposal