Name: 12 Rothesay Avenue, Ryde NSW 2112
Address: 12 Rothesay Avenue NSW, Ryde, NSW, 2112
Telephone: +61 405 693 696

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SOLD

12 Rothesay Avenue, Ryde NSW 2112

Properties / Sold / New South Wales / Ryde

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Sub Type

Office

Land Area

803 m² (*approx)

Zoning

Mixed Use

RE1

Public Recreation

Local Government

Ryde

Selling Method

Auction: Thursday 17 November 2022 commencing 10:30am (AEDT)

Auction Date

17 Nov 2022 10:30AM

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2. Property Highlights

LAND BANKING OPPORTUNITY WITH STRONG HOLDING INCOME

RESIDENTIAL DEVELOPMENT / CONVERSION (STCA)
TRIPLE NET LEASE
NEVER TO BE BUILT OUT VIEWS

Colliers are pleased to present For Sale 12 Rothesay Avenue, a 4-storey commercial building ideally positioned on the transformative waterfront of Shepherds Bay at Ryde. Underpinned by a triple net lease and favourable underlying planning controls, the opportunity will undoubtedly appeal to an array of land banking investors or developers looking to enhance their development pipeline.

Key Highlights:

+ Strong holding income with triple net lease to BIC Services (in occupation for 20+ years)

+ Favourable underlying planning controls with flexible B4 Mixed Use Zoning, 2:1 FSR and a 15.5m Height Limit

+ Regularly shaped parcel of land with an existing underground carpark to assist with buildability

+ Potential value-add opportunities include: Residential development/conversion, floor creation, lift and solar panel installations

+ Central Sydney location with excellent transport connectivity; within 500m of Trains, Buses and Ferries

For Sale via Public Auction

When: Thursday 17 November 2022 commencing 10:30am (AEDT)

Where: Dexus Place | Cooley Auction Rooms | Level 5, 1 Margaret Street, Sydney

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Commercial, Mixed Use

Sub-type

Office

Land Area

803 m² (*approx)

Zoning

Sourced by DistrictData

Mixed Use

RE1

Public Recreation

Local Government

Sourced by DistrictData

Ryde

Selling method

Auction: Thursday 17 November 2022 commencing 10:30am (AEDT)

Auction Date

17 Nov 2022 10:30AM

Add to calendar

2. Property Highlights

LAND BANKING OPPORTUNITY WITH STRONG HOLDING INCOME

RESIDENTIAL DEVELOPMENT / CONVERSION (STCA)
TRIPLE NET LEASE
NEVER TO BE BUILT OUT VIEWS

Key Highlights:

+ Strong holding income with triple net lease to BIC Services (in occupation for 20+ years)

+ Favourable underlying planning controls with flexible B4 Mixed Use Zoning, 2:1 FSR and a 15.5m Height Limit

+ Regularly shaped parcel of land with an existing underground carpark to assist with buildability

+ Potential value-add opportunities include: Residential development/conversion, floor creation, lift and solar panel installations

+ Central Sydney location with excellent transport connectivity; within 500m of Trains, Buses and Ferries

For Sale via Public Auction

When: Thursday 17 November 2022 commencing 10:30am (AEDT)

Where: Dexus Place | Cooley Auction Rooms | Level 5, 1 Margaret Street, Sydney

For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

12 Rothesay Avenue, Ryde NSW 2112 Ryde

Colliers - Sydney North

Level 42, 100 Miller Street, North Sydney, NSW 2060

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Tom Appleby

+61 *** *** *** show +61 405 693 696

Australia's Home for Property Development

Residential

Commercial

Child/Healthcare

Industrial

Agriculture/Rural

Mixed Use

12 Rothesay Avenue, Ryde NSW 2112