On behalf of John Vouris & Kathleen Vouris of Hall Chadwick as Receivers & Managers, CBRE are pleased to present to market 2-4 Pope Street, Ryde. On the doorstep of Top Ryde Shopping Centre, a fantastic mixed use development site with a Serviced apartment, medical & café DA Approval in place. Opportunity in Ryde Town Centre.
2-4 Pope Street, Ryde benefits from the following key attributes:
DA Approval for a Town Centre five-storey mixed use development in the highly sought after and affluent Ryde locale
Development comprises 72 serviced apartments, ground floor medical centre & cafe
Existing Improvements include 2&2a Pope St : Massage Clinic + 4 Bedroom residential house 4 Pope St: 12 residential units in-one-line (6 x 1 Bedroom & 6 x 2 bedroom units)
Combined land area totalling 1,447sqm
Approved Gross Floor Area of 2,605sqm
Favourable planning controls including MU1 Mixed Use, FSR 1.5 : 1 - 1.8 : 1 and 15.5m - 18.5m height of building limit
Benefits from additional development potential via the recently revised Ryde LEP 2014 for additional FSR and HOB (STCA)
Sensational location directly opposite Top Ryde Shopping Centre with an abundance of retail, dining & transport amenity at your doorstep.
Gross holding income of $194,844* via existing residential apartment complex, medical clinic and massage therapist
Positioned in the heart of Ryde with connectivity to arterial roads, multiple train stations, shopping precincts, schools and parks
2-4 Pope Street, Ryde will be sold via Public Auction on Thursday, 9 November 2023 at 10:30am at auctionWORKS Mezzanine Level 50 Margaret Street, Sydney NSW 2000 (Registration, online bidding and livestream available)
Auction Registration Required:
To be able to bid and participate at the auction for 2-4 Pope St, Ryde being held on Thursday, 9 November 2023 10:30am at 50 Margaret St, Sydney (auctionWORKS), the receivers and managers require all parties to provide the following information to register for the auction:
1. Signed & Completed Bidder Registration Form
2. Proof of ID in the form of a Drivers Licence or Passport
3. Signed Authority to bid on behalf of a Company Form (if bidding/purchasing on behalf of a company only)
4. Proof of Funds for Deposit
Note: Vendors and auctioneers reserve the right to not accept your bid if registration process has not been adhered to
We ask that all groups refer to the prescribed terms and conditions of sale by auction which are enforceable
*Approx.
