Sold
12 Station Street,
West Ryde 2114, New South Wales
$5,900,000
Property details
-
Agents
Deceased Estate - Block of 10 Units + Commercial Suite
RWC Western Sydney is pleased to present 12 Station Street, West Ryde for sale, via Onsite Auction.
This is a remarkable opportunity to acquire an entire mixed-use complex, comprising of 10 residential units and 1 commercial area to be sold in one line. Located only 200m* from West Ryde Town Centre and 350m* from West Ryde Station, this opportunity offers immense value-add potential and significant rental increase.
Additional Highlights of the Property:
• 5 x 1 bedroom units, 5 x 2 bedroom units, 1 ground floor commercial suite
• Fully leased with a passing income of $243,567 p.a with significant rental increase
• 3-level building with 9 onsite parking spaces
• Total site area of 813.6sqm*
• Zoned R4 High Density Residential
• Potential to significantly increase return through refurbishment and renovations
• Potential to subdivide^
• 200m* from West Ryde Town Centre, 350m* from West Ryde Station
• Deceased estate
This is an ideal opportunity for investors, strata sell down groups and housing providers looking to capitalise on the current housing shortage, rising rents and migration boom.
This outstanding property will be offered for sale via an On-Site Auction on Wednesday, 19 March 2025 at 11:00am.
For more information, please contact the exclusive agents.
*Approximately
^STCA
This is a remarkable opportunity to acquire an entire mixed-use complex, comprising of 10 residential units and 1 commercial area to be sold in one line. Located only 200m* from West Ryde Town Centre and 350m* from West Ryde Station, this opportunity offers immense value-add potential and significant rental increase.
Additional Highlights of the Property:
• 5 x 1 bedroom units, 5 x 2 bedroom units, 1 ground floor commercial suite
• Fully leased with a passing income of $243,567 p.a with significant rental increase
• 3-level building with 9 onsite parking spaces
• Total site area of 813.6sqm*
• Zoned R4 High Density Residential
• Potential to significantly increase return through refurbishment and renovations
• Potential to subdivide^
• 200m* from West Ryde Town Centre, 350m* from West Ryde Station
• Deceased estate
This is an ideal opportunity for investors, strata sell down groups and housing providers looking to capitalise on the current housing shortage, rising rents and migration boom.
This outstanding property will be offered for sale via an On-Site Auction on Wednesday, 19 March 2025 at 11:00am.
For more information, please contact the exclusive agents.
*Approximately
^STCA
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