SOLD
Sold on 03 Jul 2024 for $9,250,000

19-27 Devlin Street
Ryde NSW 2112

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 1214m2
Land area: 1422m2
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Raine & Horne Commercial
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Property Details for 19-27 Devlin St, Ryde

19-27 Devlin St, Ryde is a 2 bedroom, 1 bathroom Unit. The property has a land size of 1422m2 and floor size of 1214m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Ryde in the last 12 months.

Building Type
Unit
Floor Size
1214m2
Land Size
1422m2
Local Government
Ryde
Lot/Plan
1/DP814143

Last Listing description (November 2023)

CBRE as the exclusive sale agent is pleased to present 19-27 Devlin Street, Ryde to the market. The asset represents a secure investment opportunity which boasts a strong net income of $601,440* + GST per annum. Long standing government tenant, Services Australia, lease 100% of the building and have occupied the space since its construction in 1991.

19-27 Devlin Street, Ryde benefits from the following key attributes:

- Two-storey freehold building featuring office, showroom and retail space
- NLA: 1,214sqm*
- 38 parking spaces
- 41 metre* frontage to Devlin Street, 41 metres* to Belmore Lane & 30 metres* to Church Lane
- Land Area: 1,427sqm*
- MU1 Mixed Use zoning offering future development potential (STCA)
- Positioned 250 metres* from Top Ryde City Shopping Centre
- Well connected via bus (250m*), train (1.7km*) and ferry (2km*) routes offering ease of access to Macquarie Park, Parramatta, Sydney CBD and Greater Sydney
- Nearby Victoria Road also offers connectivity to Sydney CBD and Parramatta via car while the M2 and M4 Motorways provide access to Greater Sydney

19-27 Devlin Street, Ryde will be offered for sale via Private Treaty.

For more information or to access the due diligence room, please contact the exclusive CBRE agents.

*approximate

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Property History for 19-27 Devlin St, Ryde, NSW 2112

A timeline of how this property has performed in the market
Last Sold
$9,250,000
03 Jul 2024
Listed for Rent
$500/w
26 Apr 2024
  • 03 Jul 2024
    Sold for $9,250,000
  • 23 Oct 2023
    Listed for Sale Contact Agent
  • 08 Apr 2021
    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 15,704 properties. Over the last 5 years, Houses in Ryde have seen a 69.62% increase in median value, while Units have seen a 11.53% increase. As at 31 October 2024:

  • The median value for Houses in Ryde is $2,345,095 while the median value for Units is $751,289.
  • Houses have a median rent of $800 while Units have a median rent of $660.
There are currently 87 properties listed for sale, and 83 properties listed for rent in Ryde on OnTheHouse. According to CoreLogic's data, 833 properties were sold in the past 12 months in Ryde.

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