Kogarah NSW 2217

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

AGENTS:
Iain Mason 0419 533 133
Lucus Boudelot 0404 271 922
Willow Realty Pty Limited. 9577 8400
www.willowrealty.com.au

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.