SOLD UNDER THE HAMMER! - BIG SHOP - HUGE POTENTIAL!
264 Kingsgrove Road, Kingsgrove, NSW 2208
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
James Mckenny
Malcolm Gunning