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17-37 Railway Parade
Kogarah NSW 2217
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Sold on 25 Jul 2023

17-37 Railway Parade Kogarah NSW 2217

  • Shop & Retail
  • 474 m²
  • Sold

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 Highlights

Date Sold25 Jul 2023
Floor Area474 m²
Land Area524 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018607754
Category
Last updated  25 Jul 2023
Map for 17-37 Railway Parade Kogarah NSW 2217

Nearest transport* to 17-37 Railway Parade Kogarah NSW 2217

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Property Highlights

Date Sold25 Jul 2023
Floor Area474 m²
Land Area524 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2018607754
Category
Last updated  25 Jul 2023

Co-Agents

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