2 Pope StreetRyde NSW 2112
Property Details for 2 Pope St, Ryde
Last Listing description (November 2023)
On behalf of John Vouris & Kathleen Vouris of Hall Chadwick as Receivers & Managers, CBRE are pleased to present to market 2-4 Pope Street, Ryde. On the doorstep of Top Ryde Shopping Centre, a fantastic mixed use development site with a Serviced apartment, medical & caf DA Approval in place. Opportunity in Ryde Town Centre.
2-4 Pope Street, Ryde benefits from the following key attributes:
DA Approval for a Town Centre five-storey mixed use development in the highly sought after and affluent Ryde locale
Development comprises 72 serviced apartments, ground floor medical centre & cafe
Existing Improvements include 2&2a Pope St : Massage Clinic + 4 Bedroom residential house 4 Pope St: 12 residential units in-one-line (6 x 1 Bedroom & 6 x 2 bedroom units)
Combined land area totalling 1,447sqm
Approved Gross Floor Area of 2,605sqm
Favourable planning controls including MU1 Mixed Use, FSR 1.5 : 1 - 1.8 : 1 and 15.5m - 18.5m height of building limit
Benefits from additional development potential via the recently revised Ryde LEP 2014 for additional FSR and HOB (STCA)
Sensational location directly opposite Top Ryde Shopping Centre with an abundance of retail, dining & transport amenity at your doorstep.
Gross holding income of $194,844* via existing residential apartment complex, medical clinic and massage therapist
Positioned in the heart of Ryde with connectivity to arterial roads, multiple train stations, shopping precincts, schools and parks
2-4 Pope Street, Ryde will be sold via Public Auction on Thursday, 9 November 2023 at 10:30am at auctionWORKS Mezzanine Level 50 Margaret Street, Sydney NSW 2000 (Registration, online bidding and livestream available)
Auction Registration Required:
To be able to bid and participate at the auction for 2-4 Pope St, Ryde being held on Thursday, 9 November 2023 10:30am at 50 Margaret St, Sydney (auctionWORKS), the receivers and managers require all parties to provide the following information to register for the auction:
1. Signed & Completed Bidder Registration Form
2. Proof of ID in the form of a Drivers Licence or Passport
3. Signed Authority to bid on behalf of a Company Form (if bidding/purchasing on behalf of a company only)
4. Proof of Funds for Deposit
Note: Vendors and auctioneers reserve the right to not accept your bid if registration process has not been adhered to
We ask that all groups refer to the prescribed terms and conditions of sale by auction which are enforceable
*Approx.
Property History for 2 Pope St, Ryde, NSW 2112
- 08 Nov 2023Sold for $7,500,000
- 10 Oct 2023Listed for Sale Contact Agent
- 11 Sep 2022Listed for Sale Contact Agent
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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 15,810 properties.
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