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RWC - Eastern Suburbs

470-472 Anzac Parade Kingsford, NSW 2032

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470-472 Anzac Parade,
Kingsford, NSW 2032

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RWC - Eastern Suburbs
Zorick Toltsan

RWC - Eastern Suburbs

Suite 303, Level 3, 179-191 New South Head Road
EDGECLIFF, NSW 2027
0411 227 7...
RWC - Eastern Suburbs
470-472 Anzac Parade
Kingsford, NSW 2032

Map of 470-472 Anzac Parade

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  • Train stations within 5 km of 470-472 Anzac Parade, Kingsford, NSW 2032Distance
    Green Square Train Station2.9 km
    Mascot Station3.7 km
    Waterloo Station3.8 km
    Bondi Junction Station4 km
    Redfern Station4.3 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 470-472 Anzac Parade, Kingsford, NSW 2032Distance
    Surry Hills Light Train Station4.1 km
    Central Chalmers Street4.6 km
    Central Station Light Rail4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 470-472 Anzac Parade, Kingsford, NSW 2032Distance
    Kingsford Nine Ways, Anzac Pde - Stand C184 m
    Gardeners Rd at Houston Rd273 m
    Anzac Pde Near Barker St305 m
    Barker St Near Gate 14307 m
    Rainbow St Near Willis St325 m
    POWERED BY HERE ©
POWERED BY HERE ©

Kingsford Mixed Use Investment with Significant Development Potential

  • Ground Floor Shop + 2 x 2 bed units
  • Tenants pay 50% of building outgoings
  • Holding income +flexible leases in place
Ray White Commercial Eastern Suburbs and Ray White Double Bay are excited to present to market 470-472 Anzac Parade, Kingsford, being sold by Private Treaty.

This exceptional freehold building is perfectly positioned on Anzac Parade in Kingsford's bustling shopping precinct and strategically positioned within walking distance to the UNSW Campus, Prince of Wales Hospital, nearby Kingsford Light Rail Station and well-connected public transport hubs.

The property is located within the Kensington to Kingsford Planning Strategy precinct (K2K) offering favourable planning controls and incredible development potential in one of the fastest growing residential precincts in Sydney's Eastern suburbs.

Investment Highlights:

- 2 level freehold comprising a ground floor restaurant and 2 x 2 bedroom apartments
- Ground floor leased to established Malaysian Restaurant operator with 2 existing locations
- Both units are renovated with timber flooring, modern kitchen, air conditioning + internal laundry facilities
- Annual Income: $173,000 per annum (approx.)

Development Highlights:

- Land Size: 285m2 (approx.)
- Existing Building Area: 256m2 (approx.)
- Current FSR 3:1 with potential uplift to 4:1 (K2K Planning Strategy)^
- Current Height Limit: 24m with potential uplift to 31m (K2K Planning Strategy)^
- Potential Building Area: 855m2^ (based on current FSR of 3:1)
- Versatile E2 Commercial Centre Zoning

^Subject to council approval

For further information, please contact the exclusive selling agents below.

Additional information

Property ID: 504708112Last Updated: 13 Nov 2024

RWC - Eastern Suburbs
Suite 303, Level 3, 179-191 New South Head Road
EDGECLIFF, NSW 2027

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