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5 Avon Road
North Ryde NSW 2113
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Sold on 29 Jul 2022

5 Avon Road North Ryde NSW 2113

  • Shop & Retail
  • 170 m²
  • Sold

Sold Prior to Auction

  • Commercial and Residential Opportunity
  • Front and Rear Access
  • 2 dedicated car spots

Agency 1 are pleased to present 5 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 $49,165.08* 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 $49,165.08* 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

Supporting Documents

Information Memorandum

AUCTION

Auction date and time30/07/2022 00:00
Auction location5 Avon Road, North Ryde NSW
_Archived_Agency 1 Real Estate
Suite 1,1 Avon Rd
North Ryde, NSW 2113

Property Highlights

Date Sold29 Jul 2022
Floor Area170 m²
Land Area202 m²
Parking2 x Onsite parkings
Property ID2017902063
Category
Last updated  29 Jul 2022
Map for 5 Avon Road North Ryde NSW 2113

Nearest transport* to 5 Avon Road North Ryde NSW 2113

Bus
Train
Wicks Rd At Barr St126 m
Epping Rd After Wicks Rd133 m
Morshead St Near Wicks Rd145 m
Wicks Rd At Chisholm St156 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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_Archived_Agency 1 Real Estate
Suite 1,1 Avon Rd
North Ryde, NSW 2113

Property Highlights

Date Sold29 Jul 2022
Floor Area170 m²
Land Area202 m²
Parking2 x Onsite parkings
Property ID2017902063
Category
Last updated  29 Jul 2022

Listed by

_Archived_Agency 1 Real Estate
Call
02 9887 2500

More about 5 Avon Road North Ryde NSW 2113

5 Avon Road North Ryde NSW 2113 is categorized as Shop & Retail Property. It has a floor area of 170 m² and a land area of 202 m². There are 2 x onsite parkings.The listing ID for this property is 2017902063.

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