Rental Return: $2,300 per week on a 2 year lease
This two-storey Torrens title property, located in the bustling West Ryde area, offers a unique investment opportunity. Easily accessible to major transportation, marketplace, and recreation facilities, it is primed for convenience. The property, offering a mix-use zoning, opens up opportunities for business, residential, and retail development on almost 200sqm land. Ideally suited for investors, builders, and renovators seeking to leverage potential for both retail and residential development.
Ground floor features include:
- 190 sqm internally
- Two large office/retail spaces
- Two separate toilets
- Storage room with sink
- Huge lock-up garage suitable for multiple vehicles, workshop, trucks, with rear lane access via roller door
- Immense potential to capitalise on all its potential
First-floor features include:
- 176 sqm internally
- Separate access to first floor from the street and rear lane
- Spacious study/bedroom with kitchen and bathroom
- Huge covered entertainer's terrace
- Family bathroom with double basins
- Large open plan living and dining area with black marble detailed walls
- Gourmet chefs kitchen with electric stove, waterfall island bench, stainless steel appliances
- Three good-sized bedrooms
Development features include (STCA):
- Land size 196 sqm
- Rear lane access from Dickson Lane Renovate, extend or knockdown and rebuild to your heart's desire (STCA)
- Zoned B4 (mixed-use)
- Floor space ratio 1.25:1
- Maximum building height 15.5m
- City of Ryde Council
Disclaimer: We have in preparing this document, used our best endeavours to ensure that all the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained in this document.
