Porter & Church, 19 Porter Street, Ryde, NSW, 2112

TWO INDUSTRIAL PROPERTIES + DA APPROVED FOR 21 UNITS

• Two Industrial Properties For Sale
• DA Approval - 21 Units
• To Be Sold In One Line

One of Sydney sought-after locations. The site is bounded by Church Street to the southeast and Porter Street to the northwest. Church Street is a dual carriageway with three lanes in each direction. Porter Street is a local road with one lane in each direction. The site also shares a side boundary with Hayes Reserve. Conveniently located in bustling Ryde less than 1km from Meadowbank railway station, buses and ferry wharf. Minutes to Ryde's finest restaurants, cafe's, Top Ryde & Rhodes Shopping Centre, DFO, Sydney Olympic Park and Macquarie University all within close proximity, and just 14km from Sydney CBD, 10km from Parramatta CBD.

Porter & Church Street, Ryde offers for sale two (2) industrial properties with a DA approval for 21 units. Both properties will be sold in one line.

19 Porter Street
Site Area: 550.1sqm approx.
Building Area: 395sqm approx.
Passing Income: $43,636.36 + GST PA
Lease: Month to Month

121 Church Street
Site Area: 543.8sqm approx.
Building Area: 515sqm approx.
Passing Income: $50,233.92 + GST PA
Lease: Month to Month

DA Approved for 21 contemporary residential units being a mix of (1) x Studio, (4) x One Bedroom and (16) x Two Bedroom apartments with a single car basement level.

A great boutique development to build immediately, landbank or 'build to rent' in one of the most sought-after areas in the lower north shore. Also ideal for the astute investor looking to take advantage of rental or development upside.

For Sale via Auction - Thursday 23 April 2020 at 12pm - Onsite, 19 Porter Street, Ryde

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