Auction If Not Sold Prior
243 Kingsgrove Road, Kingsgrove, NSW 2208
BLUE RIBBON LOCATION WITH REAR LANE ACCESS - SHOPE AND RESIDENCE
INSPECTION FRIDAY 12PM TILL 12:30PM
A great opportunity to secure a free hold shop and residence. Set on approx 183.4sqm of land, a 115sqm shop + Two-bedroom residence upstairs, featuring 2 off street parking spaces via rear lane access. Situated on Kingsgrove's main shopping strip and within 120m to Kingsgrove Train Station.
Key Features:
- 183.4sqm approx block of land with rear lane access
- Within 120m of Kingsgrove Station
- Premium position situated on Kingsgrove Road with great street exposure
- 115sqm shop downstairs
- 2 bedroom residence upstairs
- Off street parking for 2 cars
- Expired lease
- Current rental income: $800 per week shop $275 per week residence
- Current tenant pays council, water, land tax, insurance
- Current lease expired
- Council rates $3,402.65 per annu,
- Water rates $329.93 per 1/4 or approx $1,320 per annum
- Building insurance $4,367.05 per annum
- Land valuation as at $867,000 as at the 8/8/2024
A great opportunity to secure a free hold shop and residence. Set on approx 183.4sqm of land, a 115sqm shop + Two-bedroom residence upstairs, featuring 2 off street parking spaces via rear lane access. Situated on Kingsgrove's main shopping strip and within 120m to Kingsgrove Train Station.
Key Features:
- 183.4sqm approx block of land with rear lane access
- Within 120m of Kingsgrove Station
- Premium position situated on Kingsgrove Road with great street exposure
- 115sqm shop downstairs
- 2 bedroom residence upstairs
- Off street parking for 2 cars
- Expired lease
- Current rental income: $800 per week shop $275 per week residence
- Current tenant pays council, water, land tax, insurance
- Current lease expired
- Council rates $3,402.65 per annu,
- Water rates $329.93 per 1/4 or approx $1,320 per annum
- Building insurance $4,367.05 per annum
- Land valuation as at $867,000 as at the 8/8/2024
Property Info
Municipality
Kingsgrove
PRD Kogarah Kogarah
120 Railway Parade
Kogarah, NSW 2217
Tel: +61295882977
Email Us
Nick (Nicolaos) Reskakis
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