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CBRE - Sydney

17-37 Railway Parade Kogarah, NSW 2217

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17-37 Railway Parade,
Kogarah, NSW 2217

Shops & Retail • Offices • Other

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CBRE - Sydney
Jake Hatch
Nicholas Heaton
Jason Lowry

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
17-37 Railway Parade
Kogarah, NSW 2217

Map of 17-37 Railway Parade

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FULLY LEASED FREEHOLD TROPHY INVESTMENT LOCATED ON KOGARAH STATION

  • Last traded in 30 years
  • Rare 65m* frontage
  • Significant Rental Reversion Opportunity
CBRE as exclusive sales agents is pleased to present 17-37 Railway Parade, Kogarah to the market. Last traded in 30 years, the property represents an exciting opportunity to acquire a mixed use investment site with significant rental reversion and/or future development upside (STCA) potential in South Sydney.

17-37 Railway Parade benefits from the following key attributes:
- Comprising a total of 14 tenancies with 13 ground floor retail businesses and an office above
- Fully leased generating a gross annual income of $552,505* with significant rental reversion opportunities
- Projected gross annual income of $647,665.33*
- Total Net Lettable Area (NLA) of 474sqm*
- Positioned along Railway Parade only meters away from Kogarah Train Station and bus stops
- Expansive 65m* frontage providing outstanding signage exposure
- Centrally positioned to a wealth of lifestyle focused amenity including Kogarah Health Hub and reputable schools
- Set to benefit from NSW Government's Kogarah Heath, Education and Innovation Precinct plan

Please enquire directly with the exclusive agents to arrange a private viewing.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.

Property ID: 504355736Last Updated: 25 Sep 2023

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