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34 Station Street, Kogarah, NSW 2217

2. Property Highlights

VALUE ADD FULLY LEASED INVESTMENT
  • Dual street frontage
  • Directly opposite Kogarah Station
  • Block of apartments & 2 homes

Adam Charles as exclusive agents is delighted to present 34 Station Street, 9 Robertson Street & 13 Robertson Street, Kogarah to the market, an outstanding opportunity to secure a fully leased block of 5 x 3 bedroom apartments PLUS 2 freestanding homes in a prime lifestyle location.

The properties are situated on a quiet, tree lined street with plenty of parking available and are only footsteps away from Kogarah Station and town centre.

HIGHLIGHTS:

• Combined land area: 1092.40*sqm land area, boasting two street frontages

• Current gross passing income $182,780 per annum

• Potential gross income $264,625 in the current rental market

• Secure passive investment with future development upside

• R4 High density zone, 1:1 FSR & 14.5m HOB

• Directly opposite Kogarah Station & numerous bus services

• Walking distance to an abundance of recreational, retail, medical and educational facilities

The properties can be purchased individually or in one line.

34 STATION STREET:

• Boutique apartment block of 5 x 3 bedroom, 1 bathroom apartments

• 588.10 sqm land area

• Generous, functional layouts with abundant natural light

• Inviting living rooms and timber flooring throughout

• Selected apartments feature updated kitchen & bathrooms

• 2 x lock up garages & external laundry for each apartment

• Strata titled apartment block offering potential to sell down, refurbish, or hold for a secure cashflow in an extremely tight rental market

9 ROBERTSON STREET

• Renovated 2 bedroom, 1 bathroom freestanding house

• 277.8 sqm land area

• Updated interiors with polished timber floors, ornate ceilings and ceiling fans

• Modern kitchen and well-presented bathroom

• Low maintenance courtyard & off street parking

• Spacious entertainers deck

13 ROBERTSON STREET:

• Character 2 bedroom, 1 bathroom freestanding house

• Original interiors & functional layout

• 226.50 sqm land area

34 Station Street, 9 Robertson Street & 13 Robertson Street is offered by way of expressions of interest closing Thursday 4th of May, if not sold prior.

Please enquire directly with the exclusive agents to arrange a private viewing and for open for inspection times.

For more information, please contact the exclusive selling agents.

Remember to mention you found this property on DevelopmentReady

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3. Property Location

34 Station Street, Kogarah, NSW 2217

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4. Due Diligence

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34 Station Street, Kogarah, NSW 2217 Kogarah
Adam Charles
Adam Charles
55, Miller Street, Pyrmont, City of Sydney, New South Wales, Australia, 2009