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 Bays | 1 |
Tenanted | No |
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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 % |
19 Porter Street (And 121 Church Street), Ryde,
New South Wales, 2112