24 Production Avenue, Kogarah, NSW 2217

Industrial

Sold $2,100,000

  • Property ID: 423584
  • Floor Area: 482m²
  • Land Area: 559m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 11/10/2023 482m2 559m2 N/A
482m²* Freehold Industrial Warehouse Situated on 559m²* of Land

CPG is excited to present to the market for the first time in 30 years, 24 Production Avenue, Kogarah. This offering is unique and provides a total land area of 559m²* and total building area of 482m²*.

Currently tenanted for $65,000.00 pa Gross + GST, expiring on 30th June 2023. Suitable for any occupiers OR potential tenants seeking a functional workshop/storage space. This property exudes a huge benefit for off-street parking with 4 car spaces as well as ample concrete hardstand for containing and truck deliveries.

Zoned IN2 Light Industrial under Bayside Council the zoning allows for a variety of uses, mainly industry related. Kogarah is a highly sought-after industrial/business area as opportunity for industry to be positioned within a prime geographical location has been challenged over the years with much of the re-zoning and development of residential high rise. Production Avenue is a one-way road that connects to Phillips Road and Garrigarrang Avenue both with traffic lights, allowing access onto Rocky Point Road traveling either direction. The property is located opposite Scarborough Park playing fields and its amenities and significant public parking. Behind the property is Ramsgate Park, the former Darrell Lea Chocolate site which was developed into 534 residential apartments and terraces.

Location can't be underestimated, with proximity to all major hubs within moments being Kogarah CBD, Private and Public Hospitals, Brighton-Le-Sands, Princes Highway, M8 Stage 1, M5 along with Port Botany and Sydney Airport. 16-28 Production Avenue is arguably one of the most convenient business precincts in Southern Sydney.

To obtain further information or to arrange an inspection, please contact the exclusively appointed selling agents, Commercial Property Group.

Contact:

Greg Carr
0477 880 576

Ryan McMahon
0429 228 460

Damen Astey
0431 817 616

*Approximate

Kogarah Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6431 $536 8.33%
Offices $8950 $553 6.18%
Retail $8107 $481 5.93%
This is the average advertised price, rent and yield for Kogarah, NSW 2217*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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™.
  • 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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