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974-978 Victoria Road 3,703 SF 100% Leased Retail Building West Ryde, NSW 2114 For Sale
Investment Highlights
- Two level commercial freehold with ultimate convenience through rear lane access via Maxim Lane
- The property enjoys exceptional visibility, situated directly opposite the intersection of Victoria Road and West Parade
- Features a diverse mix of tenants, including a hairdresser, real estate agency, flooring business, a residential unit, and storage sheds
Executive Summary
Punctuated by its commanding presence on the corner of Victoria Road and West Parade, the property is situated a short stroll to West Ryde Train Station & Bus Interchange permitting fantastic signage exposure and extreme ease of accessibility. The property is included within the West Ryde Town Centre masterplan plus low to mid rise zone allowing for future optionality as the City of Ryde plans to rejuvenate the Town Centre.
Favourable planning controls in the form of MU1 Mixed Use zoning, 1.25 : 1 FSR and 15.5m height of building limit in addition to NSW Government LMR controls offering redevelopment potential
Favourable planning controls in the form of MU1 Mixed Use zoning, 1.25 : 1 FSR and 15.5m height of building limit in addition to NSW Government LMR controls offering redevelopment potential
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,703 SF
Building Class
C
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.22 AC
Parking
10 Spaces (2.7 Spaces per 1,000 SF Leased)
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974-978 Victoria Road
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