Agency 1 is pleased to present this commercial freehold investment.
An opportunity which is zoned B1 neighbourhood centre and situated close to North Ryde and Macquarie Train Station.
Conveniently located 850m* from one of Sydney's major arterial roads; Lane Cove Road. David Avenue boasts a fantastic opportunity with strong yield and great potential for growth with possible second-level addition (STCA)
Additionally, this site will benefit from the economic growth that will occur due to further growth in the suburb of North Ryde.
Property is in the proximity of Macquarie (1km) and North Ryde Train Station, Macquarie University (2.km *) and major shopping precincts.
This investment will attract several buyers because of its many key attributes, including:
- Vacant (Tenants are waiting if looking for an investment)
- Front and rear access
- Unique retail investment opportunity
- 850m* away from major arterial road
- Site area of 252.9sqm*
- Potential of Gross Rental Income of $42,000* per annum.
- 2 On-site parking + lots of council parking bays.
- Situated in one of North Ryde’s community hub which continues to grow and develop.