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327 Kingsway
Caringbah NSW 2229
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Sold on 20 Nov 2024

327 Kingsway Caringbah NSW 2229

  • Shop & Retail
  • 297 m²
  • Sold

RARE RETAIL FREEHOLD IN THE CORE OF CARINGBAH

  • Annual Gross Income of $75,597 + GST
  • 100% Outgoings Paid By Tenant
  • Significant Development Upside (STCA)

CBRE as exclusive sales agents is pleased to present 327 Kingsway, Caringbah to the market. Positioned within Caringbah Town Centre,this prominent ground floor retail shop is a tenanted investment with significant development upside (STCA) potential in South Sydney.

327 Kingsway, Caringbah benefits from from the following key features:

- Situated in the commercial core of Caringbah on a site area of 187sqm* and a building area of 297sqm*
- Leased retail investment of 5 + 5 years with 2.5%fixed annual increases & a 3 month bank guarantee
- Fully equipped commercial kitchen with grease trap and exhaust fan
- Favourable planning controls in the form of E3 Commercial Core zoning, 25m Height Limit, 3:1 FSR providing future development upside (STCA)
- Benefits from a dual frontage on Kingsway and Hay Lane, providing plenty of traffic and signage exposure
- Plentiful on-street parking located on Hay Lane andHay Street
- Easy walk to bus stops, Caringbah Train Station and Sutherland's major arterial roads, providing exceptional foot and vehicular traffic
- In proximity to popular beaches, schools & local amenities, including Sutherland Hospital, Caringbah North High School & Royal National Park

327 Kingsway, Caringbah is offered for sale via Private Treaty.

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.

CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold20 Nov 2024
Floor Area297 m²
Land Area187 m²
ParkingOn site parking available
Property ID2019051189
Category
Last updated  
Map for 327 Kingsway Caringbah NSW 2229

Nearest transport* to 327 Kingsway Caringbah NSW 2229

Bus
Train
Tram
Ferry
Hay Av Shops, Hay Av43 m
President Av At Park Lane81 m
President Av Shops, President Av108 m
Kingsway At Mackay St125 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Max wholesale speed tier available: nbn® Fibre to the Curb
CBRE Sydney
CBRE Sydney
Level 21/363 George St
Sydney, NSW 2000

Property Highlights

Date Sold20 Nov 2024
Floor Area297 m²
Land Area187 m²
ParkingOn site parking available
Property ID2019051189
Category
Last updated  

Co-Agents

Jason Lowry
Jason Lowry
CBRE Sydney
Call
+61 419 277 527

More about 327 Kingsway Caringbah NSW 2229

327 Kingsway Caringbah NSW 2229 is categorized as Shop & Retail Property. It has a floor area of 297 m² and a land area of 187 m². The listing ID for this property is 2019051189.

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