440-442 Railway Parade, Allawah, NSW 2218

Retail | Offices

Sold $2,800,000

  • Property ID: 425106
  • Floor Area: 380m²
  • Land Area: 427m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 16/08/2023 380m2 427m2 N/A
Freehold Corner Location – Opposite Station Retail Building

This property provides a land area of 427m²* with B2 – Local Centre zoning along with rear lane access and off-street parking. The building spans over two levels being 380m²* and is moments to Kogarah CBD along with easy access directly to Princes Highway. Directly opposite Allawah Train Station is this iconic building, home to the popular eatery, ‘Little Italy’.

Features;

• Occupied by the long-standing restaurant – ‘Little Italy’
• Grease trap
• Ventilation
• Kitchens x 2
• Pizza Oven
• Rear parking and access
• Bathroom amenities
• Huge exposure to passing trade
• Redevelopment potential (STCA**)
• Floor Space Ratio of 2.5:1
• Building Height limit of 21m

Ideal for owner occupier, investor or developer.

Contact Damen Astey 0431 817 616 or Hayden Bennett 0477 665 455 for further discussions or to obtain an Information Memorandum today.

*Approximate
**Subject to Council Approval

Allawah Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $7368 --- ---
Retail $7368 --- ---
This is the average advertised price, rent and yield for Allawah, NSW 2218*

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

Days on Market data for Retail 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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