8-10 Production Avenue Kogarah NSW 2217

Commercial Property Group is pleased to present this prime free-standing industrial property for sale by Expression of Interest. Positioned in the high-demand industrial precinct of Kogarah, the property spans across 1,150m²* of land over 2 separate titles and features 853m²* of building area. With a solid tenant in place on a newly renewed 5 year lease (October 2024) + 5 year option, this investment promises reliable returns in a highly sought-after location near transport hubs and key amenities.

Bodyline Motor Body Repairers & Refinishers have been operating in the same location since 1990. With a 35 year tenure the current return is $195,000 per annum net + GST, plus attractive greater of 5% or CPI annual increases, this investment offers a strong return in a tightly held location. Close proximity to public transport links and Kogarah train station whilst providing excellent access to Kogarah CBD, Private, and Public Hospitals, Brighton-Le-Sands, Princes Highway, M8 Stage 1, M5 along with Port Botany and Sydney Airport. Production Avenue is arguably one of the most convenient business precincts in Southern Sydney.

Features:
853m²* of building area situated on 1,150m²* of land
Two separate titles with 1 secure tenant
Currently tenanted for $195,000 per annum + Net + GST
5 Year Lease (October 2024 Commencement) + 5 Year Option
Favourable greater of 5% or CPI annual increases
E4 General Industrial Zoning

Open For Inspections:
12:00pm to 12:30pm Thursday's
13th, 20th & 27th February 2025
6th & 13th March 2025

Expressions of Interest
Closing Thursday 20th March 2025, at 4.00pm

For further information or to arrange an inspection, please don't hesitate to contact the exclusive selling agents on their contact details below:

Greg Carr
0477 880 576

Ryan McMahon
0429 228 460

*Approximate.