264 Kingsgrove Road, Kingsgrove, NSW 2208

Investment | Retail | Development/Land | Showrooms

Sold

  • Property ID: 202584
  • Floor Area: 710m²
  • Land Area: 531m²
  • NBN Availability: Not Currently Available
  • Nearby Parking: Private
  • Cafes: 5 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 17/03/2016 710m2 531m2 Contact Agent
SOLD UNDER THE HAMMER! - BIG SHOP - HUGE POTENTIAL!

Gunning is pleased to present for sale by Public Auction a fantastic freestanding retail investment property currently operating as a homeware store. The building is large and solid in stature and comprises of a large open plan ground floor shop/showroom area, first floor office/storage area and basement storage with rear access for loading. The property is fully self-contained complete with kitchen and bathrooms.

Conveniently located circa 150m to Kingsgrove Train Station and circa 350m to the M5 motorway on and off ramps the property boasts strong surrounding infrastructure. It is also has great surrounding amenities such as good schools, cafes and restaurants all helping promote strong customer foot traffic past the property.

KEY FEATURES
- Land Area: 531.1sqm
- Ground floor shop: 480sqm*
- First floor office and storage: 80sqm*
- Basement storage: 150sqm*
- Hence combined building area: 710sqm*
- Strong rental return to established tenant
- Huge future development upside STCA
* Approximately

LEASE DETAILS:
* Current Rent: $138,701.40 p.a. + GST

AUCTION DETAILS
Auction Date: Thursday 17th March 2016
Auction Venue: Club Central Hurstville, 2 Crofts Avenue, Hurstville 2220
Time: 11:00am

SEE ATTACHED INTERACTIVE FLOOR PLANS AND VIRTUAL TOURS!

For further information or to inspect the property, please contact:

Malcolm Gunning
M: 0413 872 422
P: (02) 9310 9211
E: malcolmg@gunningre.com.au

James McKenny
M: 0423 048 814
P: (02) 9310 9208
E: jamesm@gunningre.com.au

Kingsgrove Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7667 --- ---
Industrial $5752 $223 3.87%
Offices $5364 $277 5.16%
This is the average advertised price, rent and yield for Kingsgrove, NSW 2208*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 264 Kingsgrove Road, Kingsgrove, NSW 2208. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 264 Kingsgrove Road, Kingsgrove, NSW 2208. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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