19 Porter Street (And 121 Church Street), Ryde, NSW 2112

  • 1454 sqm
  • 1

For sale

Contact Agent

Rare Find - DA Approved 21 Unit Development

19 Porter Street, Ryde & 121 Church Street, Ryde

The surrounding area has undergone major redevelopment in the last decade from detached houses and small businesses into multi-storey residential building. These existing warehouses are reflective of the previous “uses” of the manufacturing industries which once dominated the surrounds. Both properties are still considered in high demand “as is” and in our opinion favourable market rent for similar industrial properties.

DA Approval for six (6) storey residential apartment building of 21 units and one (1) basement parking includes a mechanical car stacker.

Mix of Units:

• One (1) x Studio

• Four (4) x 1 Bedroom

• Sixteen (16) x 2 Bedroom

• Basement Parking

Total = 21 Units

“Stamped Plans available on request”.

Option to purchase another adjoining property is also possibility to build further (STCA).

An opportunity not to be missed to purchase both properties in one line to:

1. Develop immediately.

2. Townhouses development opportunity (STCA)

3. For the astute investors looking to take advantage of rental and future development upside.

4. Developers or Investor looking for landbank opportunities in blue ribbon residential areas, this being one of the most sought-after areas in the northern suburb.

5. Developers looking for premium “Build To Rent” locations in Sydney.

Contact:

Shirley Tse 0404 781 288

Paul Milkovic 0402 420 666

Parking Bays1
TenantedNo
Licensed Real Estate Agent
Sales Manager/Senior Associate

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L22676450
  • Property Type: Industrial/Warehouse
  • Building / Floor Area: 1454 sqm
  • Car Spaces: 1
  • Land Area: 1637.0 sqm
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R&H Suburb Profile: Ryde

R&H Suburb Summary Houses
Number of sales 211
Average Price $2,351,934
Median Price $2,400,000
Median Rental Price $850 p.w.
Change in Rental Rate (5yr) 31 %
R&H Suburb Summary Units
Number of sales 609
Average Price $808,617
Median Price $746,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 30 %
Ryde, NSW - Median Trend
$2,400,000