Home Owners, Investors and Developers!
The property offers a beautiful double brick home that could be lovingly renovated to your style and taste or knock down and developed (subject to approval). The home offers a front verandah, three bedrooms, bathroom, kitchen with gas cooking, dining room, lounge room and low maintenance level lawn and gardens. Side drive to a carport and garage.
The property is in the NSW Government's Low and Mid-Rise Housing Policy in the LMR Centre map. The policy aims to increase housing density and diversity in well-located areas near transport and town centres. This policy focuses on increasing housing options like dual occupancies, duplex homes, terraces, townhouses, and residential flat buildings.
The property is zoned MU1 Mixed Use. The property offers amazing development opportunities to encourage business, retail, office, community and other non-residential land uses on the ground floor, also known as shop top housing with apartments above subject to approval. An example of this is the building next door on the left hand side. Many other uses are permitted with consent.
In a leafy and central location, the property is perfectly located in one of Ryde's premier park side Avenue's right across from Ryde Park, a short walk to Top Ryde Shopping Centre, regular bus transport, choice of quality schools, cafes and more.
Street frontage 18.29m, land size 518.5sqm
Currently rented for $520pw on a continuing lease with the tenant hoping to stay on.
This is a genuinely rare opportunity with a MU1 zoning and the first time the property has been offered for sale!
Auction 2nd of August at 9.15am
Neil Robson 0414598554
neil.robson@cassidyre.com.au
*Cassidy Real Estate give notice that all information given whether contained in this document or given orally, is given without responsibility; intending purchasers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise
