SOLD
Sold on 30 Jan 2024 for $500,000

1/7 Porter Street
Ryde NSW 2112

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 143m2
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Property Details for 1/7 Porter St, Ryde

Building Type
Commercial
Year Built
2018
Land Size
143m2
Local Government
Ryde
Lot/Plan
1/SP97799

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

A timeline of how this property has performed in the market
Last Sold
$500,000
30 Jan 2024
Listed for Rent
$287/w
03 Feb 2020
  • 30 Jan 2024
    Sold for $500,000
  • 25 Jul 2023
    Listed for Sale Price Guide $600,000
  • 25 Sep 2019
    Listed 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 15,720 properties. Over the last 5 years, Houses in Ryde have seen a 74.25% increase in median value, while Units have seen a 13.00% increase. As at 30 September 2024:

  • The median value for Houses in Ryde is $2,303,636 while the median value for Units is $754,865.
  • Houses have a median rent of $820 while Units have a median rent of $660.
There are currently 96 properties listed for sale, and 80 properties listed for rent in Ryde on OnTheHouse. According to CoreLogic's data, 822 properties were sold in the past 12 months in Ryde.

Suburb Insights for Ryde 2112

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.