1/7 Porter StreetRyde NSW 2112
Property Details for 1/7 Porter St, Ryde
Last Listing description (October 2023)
Centrally located at 1/7 Porter Street in Ryde, this prime commercial space is ideal for a variety of retail or service-based businesses. Spanning a generous 70 sqm, the shop has been recently renovated, offering a modern and sleek interior that is fully customisable to fit your business needs. The property features an open plan layout, high ceilings, and large, inviting windows that provide ample natural light.
The shop's street-facing facade guarantees high visibility, ideal for driving foot traffic, with the bonus of ample parking availability for both staff and customers. The property is surrounded by a vibrant mix of businesses, ensuring a constant flow of potential customers.
Notably, the shop is equipped with all necessary amenities including heating and cooling systems, high-speed internet, and accessible restroom facilities. This space not only embodies functionality and flexibility but also positions your business in a bustling and highly sought-after location in Ryde.
Property History for 1/7 Porter St, Ryde, NSW 2112
- 30 Jan 2024Sold for $500,000
- 25 Jul 2023Listed for Sale Price Guide $600,000
- 25 Sep 2019Listed for Rent - Price not available
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About Ryde 2112
The size of Ryde is approximately 7.1 square kilometres. It has 45 parks covering nearly 11.7% of total area. The population of Ryde in 2011 was 21,598 people. By 2016 the population was 26,500 showing a population growth of 22.7% in the area during that time. The predominant age group in Ryde is 30-39 years. Households in Ryde are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ryde work in a professional occupation. In 2011, 61% of the homes in Ryde were owner-occupied compared with 55.6% in 2016.
Ryde has 15,846 properties. Over the last 5 years, Houses in Ryde have seen a 81.60% increase in median value, while Units have seen a 16.08% increase. As at 31 August 2024:
- The median value for Houses in Ryde is $2,286,899 while the median value for Units is $755,017.
- Houses have a median rent of $850 while Units have a median rent of $650.
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