7-9 Ryedale RoadWest Ryde NSW 2114
Property Details for 7-9 Ryedale Rd, West Ryde
Last Listing description (June 2024)
PRIME COMMERCIAL PROPERTY LOCATION WITH GREAT EXPOSURE TO VICTORIA ROAD IN A VERY SOUGHT-AFTER CORNER POSITION
Location - 7-9 Ryedale Road West Ryde 2114
Site Area Totalling 267 sqm
• Prime Corner Position
• Existing Showroom , Reception , Workshop
• 2 additional levels currently used as storage.
• MU 1 Zoning - Potential Development Site (STCA) to 23 sqm Height Limit
• FSR 1.5:1
• Dual Street Frontage with rear lane access and yard area
• West Ryde is a major growth area within the Ryde LCA
If you're looking for a strategic location property opportunity look no further. Victoria Road is arguably the busiest road in Sydney with over 35,000 cars passing daily.
The property at 7-9 Ryedale Road , West Ryde is located on a prime corner position. The Current owners have owned the building and the Ryde City Mowers business for over 25 Years . Great opportunity to take over the existing business and continue to build the dream of an outdoor Gardening, Lawn Mowing and Mower Repairs or simply "Renovate, Develop or Rebuild the Property" to your own dream expectations.
With a MU 1 Zoning and 23 METRE Height Limit use this canvas to paint your dream business or simply redevelop the property with Shop Top Housing and a commercial business on the ground floor * (STCA) .
Property Particulars -
7-9 Ryedale Road, West Ryde. Located adjacent to the West Ryde Train Station and walking distance from the Ryde Eastwood Leagues Club.The property offers a multitude of potential opportunities including Medical, Offices, Café, Food and General Business use. With a 23 metre Height limit to redevelop the property to Shop Top Housing or similarly occupy the property with the view to build the existing business or redevelop the property(STCA).
For more information, please contact Ray White Meadowbank selling agent George Kijurina - 0413903682
Property History for 7-9 Ryedale Rd, West Ryde, NSW 2114
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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.
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