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12 Rothesay Avenue, Ryde NSW 2112

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12 Rothesay Avenue, Ryde NSW 2112

Ryde

12 Rothesay Avenue, Ryde NSW 2112
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12 Rothesay Avenue, Ryde NSW 2112

12 Rothesay Avenue, Ryde NSW 2112

Properties / Sold / New South Wales / Ryde
Development Potential
Property Type
Commercial, Mixed Use
Sub Type
Office
Land Area
803 m² (*approx)
Zoning
MU RE1
LGA
Ryde City Council
Selling Method
Auction: Thursday 17 November 2022 commencing 10:30am (AEDT)
Auction Date
17 Nov 2022 10:30AM
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LAND BANKING OPPORTUNITY WITH STRONG HOLDING INCOME
  • RESIDENTIAL DEVELOPMENT / CONVERSION (STCA)
  • TRIPLE NET LEASE
  • NEVER TO BE BUILT OUT VIEWS
Colliers are pleased to present For Sale 12 Rothesay Avenue, a 4-storey commercial building ideally positioned on the transformative waterfront of Shepherds Bay at Ryde. Underpinned by a triple net lease and favourable underlying planning controls, the opportunity will undoubtedly appeal to an array of land banking investors or developers looking to enhance their development pipeline.
 
Key Highlights:
 
+ Strong holding income with triple net lease to BIC Services (in occupation for 20+ years)
 
+ Favourable underlying planning controls with flexible B4 Mixed Use Zoning, 2:1 FSR and a 15.5m Height Limit
 
+ Regularly shaped parcel of land with an existing underground carpark to assist with buildability
 
+ Potential value-add opportunities include: Residential development/conversion, floor creation, lift and solar panel installations
 
+ Central Sydney location with excellent transport connectivity; within 500m of Trains, Buses and Ferries
 
For Sale via Public Auction
 
When: Thursday 17 November 2022 commencing 10:30am (AEDT)
Where: Dexus Place | Cooley Auction Rooms | Level 5, 1 Margaret Street, Sydney
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

12 Rothesay Avenue Development Site Summary

Property Type
Commercial, Mixed Use
Sub-type
Office
Land Area
803 m² (*approx)
Zoning
MU RE1
LGA
Ryde City Council
Selling method
Auction: Thursday 17 November 2022 commencing 10:30am (AEDT)
Auction Date
17 Nov 2022 10:30AM
Add to calendar

Development Site Highlights

LAND BANKING OPPORTUNITY WITH STRONG HOLDING INCOME
  • RESIDENTIAL DEVELOPMENT / CONVERSION (STCA)
  • TRIPLE NET LEASE
  • NEVER TO BE BUILT OUT VIEWS
Colliers are pleased to present For Sale 12 Rothesay Avenue, a 4-storey commercial building ideally positioned on the transformative waterfront of Shepherds Bay at Ryde. Underpinned by a triple net lease and favourable underlying planning controls, the opportunity will undoubtedly appeal to an array of land banking investors or developers looking to enhance their development pipeline.
 
Key Highlights:
 
+ Strong holding income with triple net lease to BIC Services (in occupation for 20+ years)
 
+ Favourable underlying planning controls with flexible B4 Mixed Use Zoning, 2:1 FSR and a 15.5m Height Limit
 
+ Regularly shaped parcel of land with an existing underground carpark to assist with buildability
 
+ Potential value-add opportunities include: Residential development/conversion, floor creation, lift and solar panel installations
 
+ Central Sydney location with excellent transport connectivity; within 500m of Trains, Buses and Ferries
 
For Sale via Public Auction
 
When: Thursday 17 November 2022 commencing 10:30am (AEDT)
Where: Dexus Place | Cooley Auction Rooms | Level 5, 1 Margaret Street, Sydney
For further information and/or to arrange a private inspection, please contact the exclusive listing agents.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696
Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696

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12 Rothesay Avenue, Ryde NSW 2112

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12 Rothesay Avenue, Ryde NSW 2112 Ryde
Colliers - Sydney North
Colliers - Sydney North
Level 42, 100 Miller Street, North Sydney, NSW 2060
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Tom Appleby
Tom Appleby
+61 *** *** *** show +61 405 693 696