SALE PRICE: $3,450,000.00
SALE DATE: December 2023
TOTAL AREA: 584m2
AVERAGE RATE ON BUILDING $5,908.00/m2
ZONING: B2 – Local Centre
FSR: 1.5:1
Return: 7% Net
SALE PRICE: $3,450,000.00
SALE DATE: December 2023
TOTAL AREA: 584m2
AVERAGE RATE ON BUILDING $5,908.00/m2
ZONING: B2 – Local Centre
FSR: 1.5:1
Return: 7% Net
SALE PRICE: $3,450,000.00
SALE DATE: December 2023
TOTAL AREA: 584m2
AVERAGE RATE ON BUILDING $5,908.00/m2
ZONING: B2 – Local Centre
FSR: 1.5:1
Return: 7% Net
SALE PRICE: $3,450,000.00
SALE DATE: December 2023
TOTAL AREA: 584m2
AVERAGE RATE ON BUILDING $5,908.00/m2
ZONING: B2 – Local Centre
FSR: 1.5:1
Return: 7% Net
Shops 1-5/333-339 Stoney Creek Road, Kingsgrove
SALE PRICE: $3,450,000.00
SALE DATE: December 2023
TOTAL AREA: 584m2
AVERAGE RATE ON BUILDING: $5,908.00/m2
ZONING: B2 – Local Centre
FSR: 1.5:1
Return: 7% Net
Shops 1-5/333-339 Stoney Creek Road, Kingsgrove
CPG are pleased to present to market for sale via expressions of interest 5 strata title shops from 54m²* to 254m² (Total Area: 584m²*), all being offered to market with secure leases and rental income reflecting a 7% NET return per shop – ideal for both entry level investors who can secure only 1 shop, or astute investors seeking a significant leased asset by securing multiple/all shops.
Located in a modern, recently developed strata-titled building on a high-traffic road with both allocated and side street parking, these shops offer ample space, exposure, and flexibility for a variety of commercial and retail uses making it an ideal investment opportunity while also being ideal for any business owners looking to utilise the immense exposure of Stoney Creek road to expand and establish their presence and occupy the shop/s once the leases expire.
Features Include:
– Modern building constructed in 2017
– 5 separate strata titled shops from 54m²* – 254m²* total of 584m²* of building
– Corner position on high traffic road for maximum exposure
– Shops can be secured individually or all together, or in combinations
– Rental incomes ranging from $26,000 + GST pa – $75,000 + GST pa per shop
– Can be acquired at a 7% NET return (after outgoings) based on our price guide
– Secure lease terms between 2 – 5 years
– Rear lane access to all shops ideal for loading and product transfer
– Common disabled amenities and both male & female amenities
– 1.3km to Beverly Hills Station & 2km to Kingsgrove Station
For further information on this exciting opportunity, please contact the exclusive selling agents:
Greg Carr
0477 880 576
Ryan McMahon
0429 228 460
Jackson Chambers
0476 001 048
*Approximate.
*Approximate.
Additional information
Key Property Information
Floor Area
584 m²
Zoning
B2: Local Centre
Sold On
04 Dec 2023
Key Property Information
Floor Area
584 m²
Zoning
B2: Local Centre
Sold On
04 Dec 2023
Property Features
We Are Here To Help
Get in Touch
Interested in this property? Do not hesitate and book a viewing. We have a large selection of options available.
- 0429 228 460
- ryanm@cpgsouth.com.au
- 239 Rocky Point Road Ramsgate NSW 2217
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