Block of Apartments Plus 3 Retail Shops & D/A Approved Site
Located in the exclusively highly sought after streets of Kogarah, with its mere footsteps to a whole host of amenities in Kogarah Town Centre with local parklands, playgrounds, day care centres, quality primary, secondary and tertiary education schools, TAFE college, major retailer shops, Kogarah hospitals, aged care facilities and only 500 metres to Kogarah train station!
Excellent opportunity to purchase a block of apartments with 3 retail shops and 2 residential flats all within prime location plus this property comes with a full D/A approved 52
Key Features: * 500 meters to Kogarah station * 750 m to Rockdale Plaza * Immediate proximity to St George Girls High, Kogarah Primary School and St George Tafe * Property currently consists of units and commercial shops • 4 x 2 Bedroom Units – Leased at $6,952.40 Per Month • 3 x Retail Shops – Leased at $7,134.12 Per Month Includes GST • 2 x 2 Bedroom Flats – Leased at $3,171.43 Per Month • Current rental return per annum is $207,095.40 per annum
Development Approved For 52 Apartments: • 8 x Studio Apartments • 22 x 1 Bedroom Apartments • 12 x 2 Bedroom Apartments • 10 x 3 Bedroom Apartments • 4 x Adaptable Apartments • 1 x Large Retail Shop • 4160 m2 of GFA • Water Views From Level 3 • Site Area: 1060.00m² • Permissible FSR: 4:1 = 4240.00m² • Proposed FSR: 3.99:1 = 4230.00m²
DISCLAIMER: Whilst we deem this information to be reliable the agent cannot guarantee its accuracy and accepts no responsibility for such. Interested persons should rely on their own enquiries.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase Price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.
