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INSTRUCTED TO SELL - TWO INDUSTRIAL PROPERTIES DA APPROVE...

19 Porter Street, RYDE NSW, 2112

For Sale

Property for Sale in 19 Porter Street, RYDE NSW, 2112

Raine & Horne Commercial Parramatta

96 George Street, Parramatta, NSW 2150

Listing ID:
11380175
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
26/05/2020
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Property Type

Land/Development/Industrial/Warehouse
Icon square

Land Area

910 SQM
Icon size

Floor Area

910 SQM
Icon parking

Parking

N/A

INSTRUCTED TO SELL - TWO INDUSTRIAL PROPERTIES DA APPROVED FOR 21 UNITS

One of Sydney sought-after locations. The site is bounded by Church Street to the southeast and Porter Street to the northwest. Church Street is a dual carriageway with three lanes in each direction. Porter Street is a local road with one lane in each direction. The site also shares a side boundary with Hayes Reserve. Conveniently located in bustling Ryde less than 1km from Meadowbank railway station, buses and ferry wharf. Minutes to Ryde's finest restaurants, cafe's, Top Ryde & Rhodes Shopping Centre, DFO, Sydney Olympic Park and Macquarie University all within close proximity, and just 14km from Sydney CBD, 10km from Parramatta CBD.

Porter & Church Street, Ryde offers for sale two (2) industrial properties with a DA approval for 21 units. Both properties will be sold in one line via online auction.

19 Porter Street
Site Area: 550.1sqm approx.
Building Area: 395sqm approx.
Passing Income: $43,636.36 + GST PA
Lease: Month to Month

121 Church Street
Site Area: 543.8sqm approx.
Building Area: 515sqm approx.
Passing Income: $50,233.92 + GST PA
Lease: Month to Month

DA Approved for 21 contemporary residential units being a mix of Studio, One Bedroom and Two Bedroom apartments with a single car basement.

Great boutique development to landbank or build immediately in one of the most sought-after areas in the lower north shore. Ideal or the astute investors looking to take advantage of rental and future development upside.

*Site area based on Lot & DP

For more details, please email agent

Raine & Horne Commercial Parramatta

96 George Street, Parramatta, NSW 2150


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