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7 Rider Bvd 5,145 SF Retail Condo Unit in Rhodes, NSW 2138
Investment Highlights
- Integrated residential and retail development in a defined high-density corridor within Rhodes.
- Positioned within walking distance of Rhodes Waterside shopping precinct and waterfront open spaces.
- Located approximately 100 meters from Rhodes Train Station, providing direct rail access to Sydney CBD.
- Supported by the Rhodes Place Strategy focusing on infrastructure enhancement and urban renewal.
Executive Summary
7 Rider Boulevard, Rhodes NSW 2138 is a modern mixed-use development comprising multiple residential units and ground-floor retail components within the Canada Bay local government area. The structure incorporates strata-titled apartments, featuring layouts commonly configured as one- and two-bedroom units with associated parking, and a prominent retail offering on the lower level. The building is situated approximately 100 meters from Rhodes Train Station, supporting strong connectivity to Sydney’s broader metropolitan network and providing convenient commuter access. The broader Rider Boulevard precinct forms the core of Rhodes’ high-density residential and commercial hub, which includes retail, services, and lifestyle amenities proximate to the Rhodes Waterside retail center and extensive waterfront parklands. The property is supported by ongoing infrastructure upgrades and falls within the urban renewal parameters outlined by the Rhodes Place Strategy. Key features include basement security parking, integrated mixed-use planning for retail activation along street level, and adjoining primary transport routes. The immediate catchment benefits from established retail anchors, comprehensive amenities, and access to public transport infrastructure, including train and ferry services.
1 Unit Available
Unit 1
| Unit Size | 5,145 SF | Sale Type | Investment or Owner User |
| Condo Use | Retail | NOI | $273,771.01 |
| Unit Size | 5,145 SF |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| NOI | $273,771.01 |
Description
Encompassing a substantial 478 m² of internal area and 545 m² total strata space, the property includes four secure basement car spaces, two storage lots, and an exclusive outdoor area of approximately 60 m² with potential for food and beverage activation, subject to approvals. Existing grease trap and exhaust service provisions further enhance its suitability for diverse uses, including supermarkets, hospitality, and service-based businesses.
Sale Notes
This asset offers an immediately secure income stream of approximately $380,000 per annum net under an existing lease, providing financial stability from day one. Its prime corner positioning within a high-growth mixed-use hub, supported by strong pedestrian traffic and transport connectivity, ensures enduring tenant demand. Flexible MU1 zoning and rare large-format retail footprint create excellent long-term upside potential through future repositioning or alternate high-yield uses.
Property Facts
| Total Building Size | 269,098 SF | Floors | 25 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,764 SF |
| Property Subtype | Apartment | Year Built | 2013 |
| Building Class | B | Lot Size | 0.99 AC |
| Total Building Size | 269,098 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 25 |
| Typical Floor Size | 10,764 SF |
| Year Built | 2013 |
| Lot Size | 0.99 AC |
Presented by
7 Rider Bvd
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