Boarding House Investment with Upside

18-20 Rocky Point Road, Kogarah, New South Wales 2217

Industrial For Sale

For Sale
Land Area: 1,034.00 m2.    Floor Area: 1,034.00 m2.    

Description

Colliers International is pleased to bring to the market, 18-20 Rocky Point Road, Kogarah. Currently trading as boarding house this property is conveniently located and surrounded by an abundance of retail and commercial amenities, public transport, restaurants, cafes and expansive parkland’s.

In addition to its ideal location the subject property sits approximately 18.3km south of Sydney CBD, 6.7km south of Sydney Domestic & International airport and is serviced well by close proximity to major, multi-modal transport routes in the evolving commercial district of Kogarah. Kogarah is continuing its growth and establishing itself as an enticing and vibrant suburb. Both occupiers and developers recognise its potential primarily due to its accessibility to local amenities and the CBD and its colourful, thriving sense of community.

Key highlights of this property include:
• Ample off street parking (via Toomevara Street)
• Great location being located next to two of the Sutherland Shire’s major arterial roads
• Limited investment opportunities such as 18-20 Rocky Point Road available
• Future development potential
• Within close proximity to public transport and local amenities
• Metres away from St George and St George Private Hospital’s
• 2 x separate titles
• 11 x bedroom boarding house
• Fully leased 2 x bedroom dwelling
• Gross income: $208,780

For further information or to arrange an inspection, please contact one of the exclusive listing agents:

Harry Bui
National Director
0418 477 888
Harry.Bui@colliers.com

OR

Tom Barnier
Director
0499 888 024
Tom.Barnier@colliers.com

Features

  • Total site area: 1,034m²
  • Fully leased gross income: $208,780 pa
  • Future upside

Specifications

Access Access to major arterial roads
Council Bayside Council
Zoning R2 - Low Density Residential

Transaction Details

09 Sep 2019
18-20 Rocky Point Road, KOGARAH NSW 2217, AUSTRALIA

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