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.