19-37 Railway Parade,
Kogarah, NSW 2217
Auction: Thursday 16th June 2022
Key property information
Map of 19-37 Railway Parade
Train stations within 5 km of 19-37 Railway Parade, Kogarah, NSW 2217 Distance Kogarah Station 126 m Carlton Station 985 m Rockdale Station 1.3 km Allawah Station 1.8 km Banksia Station 2.1 kmPOWERED BY HERE © Bus stops within 5 km of 19-37 Railway Parade, Kogarah, NSW 2217 Distance Kogarah Station, Railway Pde, Stand C 43 m Railway St Before Paine St 111 m Kogarah Station, Regent St, Stand D 125 m Railway St After Station St 126 m Tom Hanratty Reserve, Paine St 146 mPOWERED BY HERE ©
Freehold Retail Investment - 13 Tenancies
This trophy-like property provides 13 tenancies occupying 14 lots to be sold in one line at auction on 16th June 2022, it benefits from an extraordinary 65m frontage to Railway Parade and is directly adjacent to Kogarah Train Station, located within the core of Kogarah Town Centre.
A first class offering that has experienced extremely low vacancy rates providing a constant and steady stream of income for investors seeking to acquire secure return on investment or for those interested in adding value with the potential for additional levels or a new redevelopment, subject to council approval.
Key features include:
- 13 shops plus 1 commercial office
- Zoned B4 - Mixed Use
- Varied tenancy profile - Retail & commercial
- Extremely low vacancy rates
- Annual fully leased income of $527,280.34 pa Gross + GST
- Directly next to Kogarah Train Station & Town Centre
- Top shelf investment with 12 tenancies occupying 14 lots
- Development potential STCA*
For further information on this opportunity, please contact the exclusive agents Damen Astey 0431 817 6... or Hayden Bennett 0477 665 4....
Thursday 16th June 2022 - CPG Group Auction Night commencing at 6:00pm
Club Central Hurstville
2 Crofts Avenue
Hurstville NSW 2220
Property ID: 504070563Last Updated: 26 May 2022