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988 Victoria Rd 4,628 SF 100% Leased Retail Building West Ryde, NSW 2114 For Sale



Investment Highlights
- High-profile Victoria Road frontage delivering strong vehicular traffic exposure and premium signage opportunities
- MU1 zoning supporting mixed-use development; planning envelope includes 1.25:1 FSR and 15.5 m height limit (STCA)
- Immediate access to rail, bus transport, and established local amenities within a thriving commercial environment
- Tenanted investment with medical, hospitality, and residential occupancies generating multi-stream income
- Flexible internal layout adaptable for retail, office, entertainment, or medical utilities
- Outgoings structure: tenants cover 90% council rates, 100% water; landlord responsible for land tax and minor rates share
Executive Summary
Positioned for maximum visibility along one of Sydney’s busiest arterial corridors, 988 Victoria Road, West Ryde presents a rare mixed-use investment opportunity offering both income security and future development upside. Spanning approximately 430 sqm of building area, the asset accommodates a diversified tenancy mix designed to serve the vibrant local demographic while benefiting from continuous exposure to high traffic volumes.
Existing improvements encompass an established medical centre, an entertainment venue, and a self-contained studio apartment, all generating multiple income streams. This balanced utilisation supports consistent day-to-night activity, enhancing the property’s operational resilience and long-term appeal.
Strategically located within a well-integrated commercial and residential precinct, the site enjoys proximity to West Ryde Railway Station (approximately 210 m) and multiple bus connections. Surrounding infrastructure, strong local amenity, and convenient arterial access position this property as an attractive opportunity for investors seeking stability and value-add potential or developers targeting mixed-use redevelopment within an active growth hub.
Existing improvements encompass an established medical centre, an entertainment venue, and a self-contained studio apartment, all generating multiple income streams. This balanced utilisation supports consistent day-to-night activity, enhancing the property’s operational resilience and long-term appeal.
Strategically located within a well-integrated commercial and residential precinct, the site enjoys proximity to West Ryde Railway Station (approximately 210 m) and multiple bus connections. Surrounding infrastructure, strong local amenity, and convenient arterial access position this property as an attractive opportunity for investors seeking stability and value-add potential or developers targeting mixed-use redevelopment within an active growth hub.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,628 SF
Building Class
C
NOI
$157,111 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.39
Lot Size
0.08 AC
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988 Victoria Rd
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