302 Kingsgrove Road, Kingsgrove, NSW 2208

Retail | Offices | Development/Land

Sold

  • Property ID: 436918
  • Floor Area: 246m²
  • Land Area: 246m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 03/05/2024 246m2 246m2 Contact Agent
Prime Commercial Freehold Over 2 Floors In the Heart of Kingsgrove Hustle & Bustle

Perfectly situated in the heart of Kingsgrove business hub with high exposure to daily pedestrian and vehicular traffic, this prominent two level building has been trading as a successful and established Chinese Restaurant for many years and now offers the astute buyers to either capitalise on the existing restaurant setup business or those seeking an trophy freehold investment with future development upside STCA.

Features:

* Approx. land size 246.6m2
* Upstairs consists of a large open plan area and roof storage
* Rear lane access provides for easy unloading

Rarely offered to the market with generous projected rental in this tightly held suburb. Do not miss out on this once in a lifetime opportunity.

Kingsgrove Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6140 $239 3.88%
Offices --- $332 ---
Retail $7667 --- ---
This is the average advertised price, rent and yield for Kingsgrove, NSW 2208*

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.
Tools

  Colemon Property Group Pty Ltd

 

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Property Detail Notes:

  • 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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