96A Kiora Road, Miranda, NSW 2228

Retail | Offices | Development/Land

Sold Contact Agent

  • Property ID: 441177
  • Floor Area: 253m²
  • Land Area: 221m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 19/03/2024 253m2 221m2 Contact Agent
FREEHOLD SHOP & RESIDENCE IN PRIME POSITION

CPG are pleased to present for sale via public auction, the opportunity to secure a highly exposed freehold investment on a main thoroughfare sitting on 222m²* of land with a total building area of 253m²* and rear lane access.

Situated in the heart of Miranda’s retail strip metres from Miranda Station, Westfield's Shopping Centre and Miranda’s high density medical/commercial district, this property is in prime position to capitalise on the passing trade and future flexibility to lease the building as is or in one line while being currently occupied by two separate tenants with ample rental upside.

Key Features:
- Land area of 222m²*
- Building area of 253m²* comprised of a renovated ground floor retail shop and a 2-bedroom unit above
- Freehold retail & residence property with mixed use zoning
- Fully leased with a modern shop fit out
- Current income of $53,853.00 pa + GST
- Rear lane access with a secure garage
- Floor space ratio 2:1
- 20m maximum building height
- Massive exposure to Kiora Road, moments from Miranda Westfield's and train station

For further information or to arrange an inspection, please contact Ryan McMahon on 0429 228 460 or Jackson Chambers on 0476 001 048.

Open For Inspections:
12:00pm to 12:30pm Friday’s
23rd February, 1st, 8th, & 15th March 2024

Auction:
Tuesday 19th March 2024 at 6:00pm
In Room at Cronulla RSL Club (38R Gerrale Street, Cronulla NSW 2230)

*Approximate

Miranda Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8000 $537 6.71%
Retail --- $530 ---
Industrial $7632 --- ---
This is the average advertised price, rent and yield for Miranda, NSW 2228*

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:

  • 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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