ALAND’s Paramount on Parkes takes commercial office suites to a whole new level

ALAND has unveiled a stunning collection of ground floor retail and office spaces occupying the top six levels of Paramount on Parkes, a major mixed-use development in the Parramatta LGA.

The new tower is located within the Parramatta CBD at 14-20 Parkes Street, Harris Park, just 400 metres from Parramatta Station.

This mixed-use development consists of ground floor retail, 331 apartments from levels 1-39, with levels 40-45 made up of over 3,000sqm of premium commercial space.

ALAND CEO George Tadrosse says that The Paramount Commercial Suites set a new standard for boutique office space in Parramatta CBD and indeed Greater Western Sydney.

“These commercial suites offer all the traditional premium office attributes including exclusive two-lift access and a grand atrium lobby creating a unique boutique working environment,” he said.

“Enhancing the commercial space, level 40 will also include a scenic outdoor landscaped terrace space which will be the perfect place to relax, or even work outdoors.”

Situated in the geographical heart of Sydney, The Paramount Commercial Suites present a unique opportunity to secure a coveted place in one of Australia’s fastest-growing regions which is also a magnet for new businesses of all types – from education to medical research and finance.

“This is one the first major offerings of brand-new commercial suites in the Parramatta CBD,” he said.

The winner of an Asia Pacific International Property Award for Design Excellence, Paramount on Parkes is finely detailed with pre-cast fluted panels and softly curved edges in bronze and gold.

When completed, The Paramount will offer commercial tenants uninterrupted views as far as Sydney CBD, Botany Bay and The Blue Mountains, plus plenty of transport options such as rail, bus and ferry. In addition, Sydney Metro West is scheduled to open in 2030, linking Parramatta to the Sydney CBD in just 20 minutes.

Currently available at The Paramount are whole-floor commercial layouts of approximately 610sqm and commercial strata suite options starting from 102sqm approximately.

The Paramount is close to everything good that Parramatta has to offer. Tenants can step outside their office and take a lunchtime stroll along the river, enjoy a quiet lunch at nearby Queens Wharf Park or check out the famous Church Street restaurant strip.

ALAND’s Development Project Manager Monique Hrsto said putting the commercial space on top of the residential floors was a daring move, but well worth the challenge.

“The commercial offering required the approval of the Design Excellence Panel and whilst this can be a challenge, ALAND thought it was worth the extra effort to achieve a better and unique outcome for our business tenants,” she said.

“Most architects put their commercial space at the podium level, which means that there is plenty of activity during normal work hours, but things are pretty quiet in the evenings.

“By positioning commercial suites on the upper levels of our tower, we offer an exclusive opportunity for businesses to literally rise above the competition.”

Construction at Paramount on Parkes is well underway with the stunning mixed-used tower expected to be completed by the third quarter of 2024.

For sales or leasing enquiries contact the ALAND Commercial Team on 1300 659 448 or commercial@aland.com.au.