Freehold Opportunity in the Heart of Kogarah CBD - Invest or Occupy
98 Railway Parade, Kogarah NSW 2217
Please Contact Agent
RetailSize: n/a
Block size: 82 m² approx.
Gunning Real Estate is pleased to present this rare opportunity to acquire a freehold retail building in prime location within Kogarah retail district.
FOR INVESTORS:
The tenant, Express Money Lent, has had a long-term presence in Kogarah and has a total of 6 branches in Sydney.
The current 5-year lease expires in May 2025 with a further 5-year option term (market rent review upon renewing).
FOR OWNER-OCCUPIERS:
The current lease provides that the owner may terminate the lease with 6 months' notice after May 2025.
LOCATION:
- 2 minutes' walk from Kogarah train station and Kogarah Town Centre shopping centre
- 4 minutes' walk from St George Public Hospital
- 6 minutes' walk from St George Private Hospital
- 30 minutes' drive from Sydney CBD
- Next door to the popular 'El Jannah' restaurant
LAYOUT:
- Full glass frontage with display window
- Shopfront with high ceiling
- Storerooms with internal kitchenette at the back
- Own backyard with toilet
- Access to back street
KEY FEATURES:
- Land area: 82sqm approx.
- Building area: 60sqm approx.
- Versatile Mixed Use zoning (MU1)
- Prime retail location
- Busy high street well supported by locals and corporate/medical workers
- Longstanding tenant in the area
For more information or to inspect the property, please contact:
William Wu
0450 250 123
williamw@gunningre.com.au
William Gunning
0413 610 194
williamg@gunningre.com.au
FOR INVESTORS:
The tenant, Express Money Lent, has had a long-term presence in Kogarah and has a total of 6 branches in Sydney.
The current 5-year lease expires in May 2025 with a further 5-year option term (market rent review upon renewing).
FOR OWNER-OCCUPIERS:
The current lease provides that the owner may terminate the lease with 6 months' notice after May 2025.
LOCATION:
- 2 minutes' walk from Kogarah train station and Kogarah Town Centre shopping centre
- 4 minutes' walk from St George Public Hospital
- 6 minutes' walk from St George Private Hospital
- 30 minutes' drive from Sydney CBD
- Next door to the popular 'El Jannah' restaurant
LAYOUT:
- Full glass frontage with display window
- Shopfront with high ceiling
- Storerooms with internal kitchenette at the back
- Own backyard with toilet
- Access to back street
KEY FEATURES:
- Land area: 82sqm approx.
- Building area: 60sqm approx.
- Versatile Mixed Use zoning (MU1)
- Prime retail location
- Busy high street well supported by locals and corporate/medical workers
- Longstanding tenant in the area
For more information or to inspect the property, please contact:
William Wu
0450 250 123
williamw@gunningre.com.au
William Gunning
0413 610 194
williamg@gunningre.com.au
Inspections
No open inspections scheduled.
Send an enquiry
Contact William Wu to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
82 m²*
Other Details
Lot:
21
Plan Type:
DP
Plan:
1078336
Legal description:
21/1078336
Maps and area information
Block information
Block size: 82m² (approx)
Legal description: 21/1078336
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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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.
22 Jan 2019
Sold
$0
Transfer: 22/01/2019
Block size: 82m²
Transfer type: Full transfer
Purpose: Residence
Kogarah suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
16,416
Listing ID: 182393801. This listing has been viewed 2 times. It was first displayed on 21/03/2024 and last updated on 22/03/2024.
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.