44/2 Porter Street, Ryde

Versatile Premises - Commercial/Residential Use

An excellent investment opportunity, zoned mixed use of commercial/residential, offering a range of options;
1. You can run a business from home or
2. Add to your investment portfolio , currently tenanted until 2025.

With great street access, rare offering of multiple parking spaces & 2 huge storage cages, located in a high density residential area (estimated 4,000 residents) with good foot traffic, ideally located close to bus, train & ferry transport.

An ideal position as either business or residential, a short walk to Meadowbank waterfront hub, numerous parks with entertaining areas and walks and plenty of dining options.

Features:
Currently tenanted up to June 2025, Estimated Income: $36,956.25pa + GST approx. with CPI/5% increase in rent each year. Tenant pays all outgoings including Council Rates, Strata Levies, Water Charges, etc
1 x storage room can still be leased separately
3 large bedrooms/offices with built in robes
Gas kitchen with dishwasher and stone bench tops
Bathroom with laundry facilities
Air conditioned lounge/shop front
Shop front accessed via wrap around undercover walkway with pedestrian access to both Porter Street & Belmore Street
Secure building with lift access and communal, grassed courtyard

233sqm on title APPROX (Premises: 96sqm, Storeroom 1: 45sqm, Storeroom 2: 48sqm, Parking: 44sqm)
3 secure parking spaces
Huge storage areas totalling 93sqm
Zoned B4 mixed use
Rates APPROX: Strata $415.80pq, Council $203pq, Water $155.30pq

Ideal for businesses such as doctors surgery, beauty & laser Clinic, nail studio, real estate office and much more.

Contact Robert Cassidy or Emma Lee to view by private appointment

Cassidy Real Estate give notice that all information given whether contained in this document or given orally, is given without responsibility; intending purchasers should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise