BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Adaptive Reuse or Redevelopment Potential\nTo be sold on behal f of NSW Government\, 57 Montgomery Street\, Kogarah presents a rare oppo rtunity to acquire a tightly held\, vacant value add property formerly ut ilised as a childcare facility\, located within an established southern S ydney precinct.\n\nRepresenting tremendous redevelopment and repositionin g potential\, the asset is expected to receive considerable interest via a Public Auction taking place on Tuesday\, 30 June 2026 at 10:30am.\n\nWe summarise the key highlights below:\n\n- Government Sale has to be sold \n-MU1 Mixed Use Zoning \n- 4.5 : 1 floor space ratio and 39 metre heigh t limit\n- Substantial single storey brick building\n- Vacant value add o pportunity with potential to generate holding income while development ap proval is explored\n- 538.8m² site area with two street frontages\n- 2\,4 24.60m² permissible GFA \n- Ideal for mixed-use developers seeking an opp ortunity in a high-growth corridor\n- Strategic Kogarah positioning with immediate adjacency to St George Hospital and surrounding employment hubs \n\n*approximately DTEND:20260630T113000 DTSTAMP:20260525T020602Z DTSTART:20260630T103000 LOCATION:50 Margaret Street\, Sydney SEQUENCE:0 SUMMARY:Auction: 57 Montgomery Street\, Kogarah NSW UID:CRE-2020865321-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Adaptive Reuse or Redevelopment Pot ential
To be sold on behalf of NSW Government\, 57 Montgomery Stree t\, Kogarah presents a rare opportunity to acquire a tightly held\, vacan t value add property formerly utilised as a childcare facility\, located within an established southern Sydney precinct.

Representing tremendous redevelopment and repositioning potential\, the asset is expe cted to receive considerable interest via a Public Auction taking place o n Tuesday\, 30 June 2026 at 10:30am.

We summarise the key hi ghlights below:

- Government Sale has to be sold
-MU 1 Mixed Use Zoning
- 4.5 : 1 floor space ratio and 39 metre height limit
- Substantial single storey brick building
- Vacant va lue add opportunity with potential to generate holding income while devel opment approval is explored
- 538.8m² site area with two street fro ntages
- 2\,424.60m² permissible GFA
- Ideal for mixed-use d evelopers seeking an opportunity in a high-growth corridor
- Strate gic Kogarah positioning with immediate adjacency to St George Hospital an d surrounding employment hubs

*approximately

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