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Sold on 21 Nov 2024 - Price Unavailable

1066 Victoria Road
West Ryde NSW 2114

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 152m2
Land area: 256m2
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Property Details for 1066 Victoria Rd, West Ryde

Building Type
Commercial
Floor Size
152m2
Land Size
256m2
Local Government
Ryde
Lot/Plan
B/DP373800

Last Listing description (November 2024)

Take advantage of this fantastic commercial shop top opportunity positioned at the gateway of West Ryde along one of Sydney's major arterial roads carrying approximately 48,000 vehicles daily^. On offer is an exciting entry level two storey building with ground floor shopfront and multiple offices/workshop areas that would suit new business owners, first time commercial buyers/investors or those looking for the benefits of home occupation mixed with commercial/retail uses (STCA).

West Ryde is only 8.4km* from Parramatta CBD and 16.7km* to Sydney CBD and as per the 2020 Local planning strategic statement is set to have its own Master Plan prepared in 2025 to boost local development and trade.

The subject site is located 25m* from the corner of Adelaide Street & Victoria Road and is conveniently located in short walking distance to West Ryde Public School (250m), West Ryde Hotel (400m), West Ryde Railway Station (850m) & West Ryde's town centre (1km).

Situated on 256 sqm* of land, the site falls within a E3 Productivity Support zoning allowing for a variety of different uses such as specialty retail shops, office, light industry or home occupation (STCA).

Key Highlights:
• Site Area: 256sqm*
• Building Area: 152sqm*
• Ground floor showroom area fronting Victoria Road
• Includes 5 offices that would suit either admin or workshop uses.
• Easy rear lane access for six (6) onsite car spaces.
• Split system air conditioning systems throughout
• Fully alarmed with camera system
• Fitted out kitchen amenities on ground floor
• Bathroom facility, external w/c and an additional external lockable storage room.
• Currently leased out on a flexible short-term lease at $60,000 per annum.

Call the exclusive agents to arrange a viewing, Sean Czuczman 0414 555 449 and Christian Cirillo 0434 537 009.

*Approximate
^Taken from NSW traffic volume viewer 2023 Station ID 9836-PR

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Property History for 1066 Victoria Rd, West Ryde, NSW 2114

A timeline of how this property has performed in the market
Last Sold
21 Nov 2024
  • 21 Nov 2024
    Sold
  • 30 Aug 2024
    Listed for Sale $1,200,000
  • 14 Nov 2022
    Listed for Sale $1,650,000
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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 6,562 properties. Over the last 5 years, Houses in West Ryde have seen a 72.62% increase in median value, while Units have seen a 17.45% increase. As at 31 October 2024:

  • The median value for Houses in West Ryde is $2,226,597 while the median value for Units is $721,633.
  • Houses have a median rent of $730 while Units have a median rent of $550.
There are currently 39 properties listed for sale, and 54 properties listed for rent in West ryde on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in West ryde.

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Contact agent
Sean Czuczman
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Christian Cirillo
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Raine & Horne Commercial Parramatta
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