FOR SALE
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1066 Victoria Road
West Ryde NSW 2114

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 152m2
Land area: 256m2
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Auction Time
Thu 3 Oct 12:30 pm
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Freestanding Commercial Building with Huge Exposure & Potential

A freestanding two storey commercial building positioned at the gateway of West Ryde along one of Sydney's major arterial roads carrying approximately 48,000 vehicles daily**. The popularity of this location coupled with its property features is perfect for owner occupiers who require a high exposure location or an investor looking to capitalise on the future growth potential that will be underpinned by the future 2025 West Ryde master plan.
Located 25m* from the corner of Adelaide Street & Victoria Road, the property is conveniently located in short distance to West Ryde's town centre (1.1km), West Ryde Railway Station (2km), West Ryde Hotel(900m), West Ryde Public School(500m).West Ryde is only 8.4km* from Parramatta CBD and 16.7km* to Sydney CBD.
Situated on 256 sqm of land, the site falls within a E3 Productivity Support zoning allowing for a variety of different uses such as specialty retail shops, office, light industry or home occupation (STCA).
Key Highlights:
• Site Area: 256sqm^
• Building Area: 152sqm^
• Currently leased out on a flexible short-term lease at $60,000* per annum
• Low outgoings of $617* pq Council and $149* pq Water.
• Ground floor showroom area fronting Victoria Road
• Includes 5 offices & workshop area
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Property Details for 1066 Victoria Rd, West Ryde

Building Type
Commercial
Floor Size
152m2
Land Size
256m2

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About West Ryde 2114

The size of West Ryde is approximately 3.6 square kilometres. It has 16 parks covering nearly 14.2% of total area. The population of West Ryde in 2011 was 11,867 people. By 2016 the population was 13,371 showing a population growth of 12.7% in the area during that time. The predominant age group in West Ryde is 30-39 years. Households in West Ryde are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Ryde work in a professional occupation. In 2011, 56.9% of the homes in West Ryde were owner-occupied compared with 52.7% in 2016.

West Ryde has 6,564 properties. Over the last 5 years, Houses in West Ryde have seen a 82.94% increase in median value, while Units have seen a 23.31% increase. As at 31 August 2024:

  • The median value for Houses in West Ryde is $2,236,346 while the median value for Units is $718,453.
  • Houses have a median rent of $750 while Units have a median rent of $560.
There are currently 25 properties listed for sale, and 42 properties listed for rent in West ryde on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in West ryde.

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Sean Czuczman
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Christian Cirillo
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Raine & Horne Commercial Parramatta
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