Agency 1 are pleased to present 7 Avon Road, North Ryde; a unique 202.3sqm* commercial freehold investment opportunity which is zoned B1 neighbourhood centre and situated close to North Ryde and Macquarie Train Station.
The property is currently occupied by "Sound Expression" on the ground floor, who provide friendly and professional Music Therapy, Music Lessons and "Connecting Abilities Through Music" group programs for children and adults with a residential unit on the first floor, highlighting a fantastic passive investment opportunity
The site is fully leased to two tenancies and provides a total Gross Rental Income of $48,125.08* per annum.
Conveniently located 100m* from one of Sydney's major arterial roads; Epping Road, Avon Road boasts fantastic proximity to an array of retail amenity, busy business hubs and transport options.
This fully serviced site's neighbouring anchor tenants include a café, hair salons, florist and business hub with other amenities. Unrivalled proximity to the bus services on Wicks Road and Epping Road as well as Trains.
Additionally, this site will benefit from the economic growth that will occur due to further growth in the suburb of Ryde. This opportunity is in proximity of Macquarie and North Ryde Train Station (900m*), bus services (100m*), Macquarie University (2.km *) and major shopping precincts.
This investment will attract several buyers because of its many key attributes, including:
- Fully leased; two tenancies.
- Front and rear access
- Unique retail investment opportunity.
- 100m* away from major arterial road;
- Site area of 202.3sqm*.
- Total Gross Rental Income of $48,125.08* per annum.
- Water Rates: $426.36.00 p.a.*
- Council Rates: $2,178.00 p.a.*
- 2 On-site parking + lots of council parking bays.
- Situated in one of North Ryde's community hub which continues to grow and develop. .
For more information or to arrange an inspection, please contact the exclusive selling agents.
* Approx
