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2 Gaza Road
West Ryde NSW 2114

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 271m2
Land area: 271m2
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Brick home with Development potential, prime location

Presenting a well kept brick home in a highly sought-after location, just moments from West Ryde Marketplace and Railway Station. This property stands as a fantastic investment with its current zoning for Mixed Use development, making it ideal for both a primary residence and renting out. With a current height limit of 15.5 meters and an FSR of 1.25:1, and the potential to increase to an FSR of 3:1 and HOB 16m with the new SEPP (subject to approval), this property offers an exciting development opportunity.
Highlights:
*Prime location near West Ryde Marketplace and Railway Station
*Brick 3 bedroom home with garage
*Suitable for immediate occupancy or rental, great for home occupations
*Currently zoned for Mixed Use development
*Existing height limit of 15.5 meters
*Current Floor Space Ratio (FSR) of 1.25:1 and building height of 15.5m
*Potential FSR increase to 3:1 under new SEPP (subject to approval)
*Excellent development opportunity with zoning changes
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Property Details for 2 Gaza Rd, West Ryde

Building Type
Commercial
Floor Size
271m2
Land Size
271m2

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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 6,568 properties. Over the last 5 years, Houses in West Ryde have seen a 61.90% increase in median value, while Units have seen a 16.18% increase. As at 30 November 2024:

  • The median value for Houses in West Ryde is $2,207,095 while the median value for Units is $713,443.
  • Houses have a median rent of $720 while Units have a median rent of $575.
There are currently 22 properties listed for sale, and 40 properties listed for rent in West ryde on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in West ryde.

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Jason Kiprovski
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Evan Labrakis
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Ray White Ryde
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