Sold
26-28 Phillips Road, Kogarah, NSW, 2217
Copied
1. Property Summary
Property Type
Commercial, Industrial
Land Area
2,298 m² (*approx)
Local Government
Rockdale (C)
Selling Method
SOLD: Contact Agent
Show All
2. Property Highlights
Investors opportunity to reposition or develop
- 9 separate tenancy areas
- Zoned IN2-Light Industrial
- Site area 2,298sqm (approx.)
26-28 Phillips Road, Kogarah occupies approximately 2,298sqm of site area (on 2 Titles) on a strategic corner position within the heart of the Kogarah light industrial precinct.
The property encompasses 7 individual industrial units plus a storeroom and a storage yard. The estate benefits from 6 long term tenants and one owner occupied area with an approximate net income of $180,431pa (+GST).
26-28 Phillips Road, Kogarah presents as an exceptional opportunity thanks to its position and exposure. The level footprint and rectangular dimensions provides ease and flexibility of design and construct for a potential new facility (STCA). Its proximity to major arterial roads further adds to the property’s appeal.
Investors have an opportunity to reposition this asset and increase the returns.
26-28 Phillips Road, Kogarah will be sold via Public Auction in rooms on 21 June 2022 at Auctionworks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
Online bidding facilities are available, contact agents for further information.
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
1. Property Summary
Property Type
Commercial, Industrial
Land Area
2,298 m² (*approx)
Selling method
SOLD: Contact Agent
2. Property Highlights
Investors opportunity to reposition or develop
- 9 separate tenancy areas
- Zoned IN2-Light Industrial
- Site area 2,298sqm (approx.)
26-28 Phillips Road, Kogarah occupies approximately 2,298sqm of site area (on 2 Titles) on a strategic corner position within the heart of the Kogarah light industrial precinct.
The property encompasses 7 individual industrial units plus a storeroom and a storage yard. The estate benefits from 6 long term tenants and one owner occupied area with an approximate net income of $180,431pa (+GST).
26-28 Phillips Road, Kogarah presents as an exceptional opportunity thanks to its position and exposure. The level footprint and rectangular dimensions provides ease and flexibility of design and construct for a potential new facility (STCA). Its proximity to major arterial roads further adds to the property’s appeal.
Investors have an opportunity to reposition this asset and increase the returns.
26-28 Phillips Road, Kogarah will be sold via Public Auction in rooms on 21 June 2022 at Auctionworks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000.
Online bidding facilities are available, contact agents for further information.
Remember to mention you found this property on DevelopmentReady
Read More
Download View Statement of Information
