Added 1 day ago
243 Princes Highway,
Kogarah, NSW 2217
Shops & Retail • Development Sites & Land • Other
Added 1 day ago
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Sale - Auction Wed 21 Aug
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
243 Princes Highway
Kogarah, NSW 2217
Map of 243 Princes Highway
Train stations within 5 km of 243 Princes Highway, Kogarah, NSW 2217 Distance Carlton Station 747 m Kogarah Station 1.1 km Allawah Station 1.6 km Rockdale Station 2.3 km Hurstville Station 2.7 km POWERED BY HERE ©Bus stops within 5 km of 243 Princes Highway, Kogarah, NSW 2217 Distance Princes Hwy at English St 42 m Princes Hwy Opp English St 65 m Princes Hwy Opp Kogarah Park 172 m Princes Hwy Opp Battye Av 195 m Bowns Rd at Garden St 228 m POWERED BY HERE ©
POWERED BY HERE ©
Attractive Multi-Tenanted Mixed-Use Retail Freehold
- Net Income: $200,595*
- 2x Ground Floor Retail + 2x Residential
- Excellent Princes Highway Exposure
CBRE are proud to present to the market 243-245 Princes Highway, Kogarah, an attractive multi-tenanted mixed-use retail freehold opportunity positioned on the Princes Highway.
243-245 Princes Highway comprises a unique mixed-use offering consisting of two (2) ground floor commercial premises occupied by Southern Antiques and The Laughing Goat Café in addition to two (2) first floor residential dwellings returning a combined net annual income of $200,595*. Ideally presented on the corner of Princes Highway and English Street, the property is afforded with fantastic signage exposure with 18,977* cars passing daily.
243-245 Princes Highway, Kogarah benefits from the following key attributes:
• Multi-tenanted mixed-use retail freehold
• Generating a combined net annual income of $200,595*
• Total Net Lettable Area (NLA) of 796sqm*
• Attractive new lease to the ground floor commercial tenants featuring a three (3) year term, 100% of outgoings payable to the lessee, rental increases and bank guarantee.
• Recently renovated three (3) bedroom residential unit with plentiful natural light and ventilation throughout
• Development upside (STCA) via favourable planning controls including R4 High Density Residential zoning, 1.5:1 Floor Space Ratio (FSR) and 15m Height of Building (HOB).
• Excellent exposure to Princes Highway with 18,977* vehicles passing daily.
• 100m* from Jubilee Stadium with immediate access to bus services to Kogarah Station and Rockdale Plaza.
• 1km* from Carlton Station and within proximity to family friendly amenity including St George Hospital, Kogarah Town Centre, St George Girls High School, TAFE NSW – St George, natural reserves, and iconic beaches.
243-245 Princes Highway, Kogarah is offered for sale via the CBRE National Auction Series hosted at CBRE North Sydney Level 29, 177 Pacific Highway, North Sydney NSW 2060 on Wednesday, 21st August 2024 at 10:30am (AEST).
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*. (STCA) Subject to Council Approval. Outline & Labels Indicative.
243-245 Princes Highway comprises a unique mixed-use offering consisting of two (2) ground floor commercial premises occupied by Southern Antiques and The Laughing Goat Café in addition to two (2) first floor residential dwellings returning a combined net annual income of $200,595*. Ideally presented on the corner of Princes Highway and English Street, the property is afforded with fantastic signage exposure with 18,977* cars passing daily.
243-245 Princes Highway, Kogarah benefits from the following key attributes:
• Multi-tenanted mixed-use retail freehold
• Generating a combined net annual income of $200,595*
• Total Net Lettable Area (NLA) of 796sqm*
• Attractive new lease to the ground floor commercial tenants featuring a three (3) year term, 100% of outgoings payable to the lessee, rental increases and bank guarantee.
• Recently renovated three (3) bedroom residential unit with plentiful natural light and ventilation throughout
• Development upside (STCA) via favourable planning controls including R4 High Density Residential zoning, 1.5:1 Floor Space Ratio (FSR) and 15m Height of Building (HOB).
• Excellent exposure to Princes Highway with 18,977* vehicles passing daily.
• 100m* from Jubilee Stadium with immediate access to bus services to Kogarah Station and Rockdale Plaza.
• 1km* from Carlton Station and within proximity to family friendly amenity including St George Hospital, Kogarah Town Centre, St George Girls High School, TAFE NSW – St George, natural reserves, and iconic beaches.
243-245 Princes Highway, Kogarah is offered for sale via the CBRE National Auction Series hosted at CBRE North Sydney Level 29, 177 Pacific Highway, North Sydney NSW 2060 on Wednesday, 21st August 2024 at 10:30am (AEST).
For more information or to request access to the due diligence room, please contact the exclusive sales agent.
Approximate*. (STCA) Subject to Council Approval. Outline & Labels Indicative.
Property ID: 504645028Last Updated: 22 Jul 2024
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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