BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Prominent Mixed-Use Asset with Strong Exposure & Development U pside\nPositioned along the highly trafficked Victoria Road corridor\, 98 8 Victoria Road\, West Ryde presents a compelling opportunity for investo rs\, owner-occupiers and developers alike. Combining immediate income pot ential with future upside\, this property benefits from excellent visibil ity\, connectivity\, and a diverse existing tenancy mix.\n\nStrategically located within a well-established commercial and residential precinct\, the property is surrounded by strong local amenity and enjoys convenient access to major transport links.\n\nCurrent Tenancy Mix:\n\nEstablished m edical centre\nPopular karaoke venue\nSelf-contained residential studio\n This balanced mix of uses generates consistent activity throughout the da y and into the evening\, enhancing the overall appeal of the asset.\n\nPr operty Highlights:\n\nPrime frontage to Victoria Road with exceptional ex posure to high vehicle traffic\nFlexible improvements suitable for a rang e of commercial uses\nMultiple income streams with mixed-use configuratio n\nOn-site and surrounding customer parking options\nStrong passing traff ic and excellent signage potential\nPlanning & Development Potential:\n\n Zoned MU1 Mixed Use\nFloor Space Ratio (FSR): 1.25 : 1\nHeight of Buildin g: 15.5m\nPermitted uses include (STCA): retail\, commercial premises\, m edical\, entertainment and residential accommodation\nThe zoning and plan ning controls provide flexibility for future redevelopment or repositioni ng (STCA)\, making this an attractive long-term hold with upside.\n\nThis is a rare opportunity to secure a high-exposure asset with both immediat e income and future potential in a tightly held West Ryde location.\n\nOu tgoings (approx.):\nLand tax $5\,940 p.a.\nCouncil rates: $5\,105.20 p.a\ nWater rates: $710.88 p.a.\n\nTenants responsible for 90% council rates\, 100% water rates\nLandlord responsible for 100% land tax & 10% council r ates\n\n \n\nExclusive Marketing Agents:\n\nMotion Real Estate - Brian Ki m\n\nSydney Nationwide Realty - James Kim\n\nLeaders Estate Agents - Leon Chan DTEND:20260519T113000 DTSTAMP:20260412T041021Z DTSTART:20260519T103000 LOCATION:AuctionWORKS SEQUENCE:0 SUMMARY:Auction: 988 Victoria Road\, West Ryde NSW UID:CRE-2020753679-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Prominent Mixed-Use Asset with Stro ng Exposure & Development Upside
Positioned along the highly traffi cked Victoria Road corridor\, 988 Victoria Road\, West Ryde presents a co mpelling opportunity for investors\, owner-occupiers and developers alike . Combining immediate income potential with future upside\, this property benefits from excellent visibility\, connectivity\, and a diverse existi ng tenancy mix.

Strategically located within a well-establis hed commercial and residential precinct\, the property is surrounded by s trong local amenity and enjoys convenient access to major transport links .

Current Tenancy Mix:

Established medical cent re
Popular karaoke venue
Self-contained residential studio This balanced mix of uses generates consistent activity throughout th e day and into the evening\, enhancing the overall appeal of the asset. < br/>
Property Highlights:

Prime frontage to Victoria Road with exceptional exposure to high vehicle traffic
Flexible imp rovements suitable for a range of commercial uses
Multiple income s treams with mixed-use configuration
On-site and surrounding custome r parking options
Strong passing traffic and excellent signage pote ntial
Planning & Development Potential:

Zoned MU1 Mixe d Use
Floor Space Ratio (FSR): 1.25 : 1
Height of Building: 1 5.5m
Permitted uses include (STCA): retail\, commercial premises\, medical\, entertainment and residential accommodation
The zoning an d planning controls provide flexibility for future redevelopment or repos itioning (STCA)\, making this an attractive long-term hold with upside. < br/>
This is a rare opportunity to secure a high-exposure asset wi th both immediate income and future potential in a tightly held West Ryde location.

Outgoings (approx.):
Land tax $5\,940 p.a.
Council rates: $5\,105.20 p.a
Water rates: $710.88 p.a.

Tenants responsible for 90% council rates\, 100% water rates
Landlord responsible for 100% land tax & 10% council rates



Exclusive Marketing Agents:

Motion Real Esta te - Brian Kim

Sydney Nationwide Realty - James Kim
< br/> Leaders Estate Agents - Leon Chan

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