Shop 1, 7 Rider Boulevard is being marketed by RWC Western Sydney. Positioned on a high-exposure corner within a Mirvac mixed-use development, the property comprises 478 sqm* of internal area (545 sqm* strata), with strong visibility and immediate access to station foot traffic.
The asset is anchored by long-standing tenant Orange Supermarket, which has successfully operated from the site for over a decade. The tenancy generates a net income of $380,000 + GST per annum under a 3 x 3 year lease structure, with additional flexibility for buyers to negotiate vacant possession.
“Large-format strata retail assets in Rhodes are tightly held, particularly those with direct station adjacency,” said Troy Wang of RWC Western Sydney. “This is a scale and position that rarely becomes available, especially within an established mixed-use precinct.”
Agents are guiding a price of around $7 million, reflecting approximately $15,000 per sqm. The campaign is expected to draw attention given recent comparable sales within the same complex, where smaller strata retail assets have achieved rates exceeding $22,000 per sqm.
“When you look at the trading history and compare the rate to recent transactions nearby, the value differential is clear,” said Victor Sheu. “It represents a relatively accessible entry point into a high-performing retail precinct with strong underlying fundamentals.”
The property is fully fitted for food and beverage use, incorporating a grease trap, commercial exhaust and an exclusive 60 sqm* outdoor seating area (STCA). These existing improvements are expected to appeal to both investors and owner-occupiers, reducing upfront costs and enabling faster occupation.
Beyond food and beverage, the asset’s large floor plate and prominent corner positioning support a range of uses, including convenience retail, health, and lifestyle operators.
Rhodes has undergone significant transformation over the past decade, driven by large-scale residential and mixed-use development under the Rhodes Master Plan. The subject property sits at the centre of this growth, benefiting from a dense and expanding local population, as well as consistent, high-volume pedestrian traffic generated by the station.
“We’re seeing sustained demand for convenience-based retail in high-density residential catchments,” Mr Sheu said. “Assets that combine scale, exposure and transport connectivity, like this one, are increasingly difficult to secure.”
The offering also includes four secure car spaces and two storage lots, further enhancing its functionality for both tenants and future occupiers.
HIGH-RES IMAGE HERE
