Sold
FREEHOLD SHOP & RESIDENCE IN PRIME POSITION
96A Kiora Road, Miranda NSW 2228
Last Asking Price - $1,235,000-$1,358,500
RetailSize: n/a
Block size: 221 m² approx.
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
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
Inspections
No open inspections scheduled.
Send an enquiry
Contact Ryan McMahon to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
221 m²*
Other Details
Lot:
D
Plan Type:
DP
Plan:
29231
Legal description:
D/29231
Maps and area information
Block information
Block size: 221m² (approx)
Legal description: D/29231
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
20 Mar 2024
Sold
Commercial Property Group Bennett
Listed: 15/02/2024
Block size: 221m²
Transfer type: Full transfer
Miranda suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
17,942
Listing ID: 182302471. This listing has been viewed 5 times. It was first displayed on 15/02/2024 and last updated on 20/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.