PRD Kogarah 120 Railway Parade Kogarah, NSW, 2217 02 9588 2977
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1 / 26-28 King Street
rockdale
NSW, 2216

Auction Tuesday 20th May 10:30AM

listing parking 3
Property: 218 sqm

A Rare Medical Investment with Longstanding Tenant

Inspect Saturday 10AM till 10:30AM

An outstanding opportunity to secure a quality, strata-titled medical investment in a high-exposure Rockdale location with King and George Street Frontage. Leased to a dental practice established since 1954, this property offers secure income with future growth potential - ideal for entry-level investors or SMSFs.

Key Features:
• Corner ground floor suite with excellent two Street exposure
• Immaculate 176sqm* medical fit-out plus additional areas (total strata area: 218m2)
• Three dental treatment rooms with large windows and natural light, large reception/waiting area, storage, kitchen/lunchroom and two bathrooms one with shower all within premises.
• Private sun-drenched terrace for additional amenity
• Gross income $83,430. p.a. + GST as at the 1/6/25
• Net income: $76,650 p.a. + GST
• Fixed annual rent increases
• 5 + 5 + 5-year lease commencing 1/6/24
• Tenant pays all outgoings (excluding strata levies)
• Three secure registered car spaces included
• Strategically located near Rockdale Shopping Centre and other key amenities
• 450 metres to Rockdale Train Station, 110 metres to public car park, and close to bus services
• Excellent accessibility and transport connectivity

A secure, low-maintenance investment in a tightly held medical/commercial precinct.

For further details or to arrange a private inspection, please contact:

Nick Reskakis Arthur Kollias
P. 0414 223 372 P. 0412 007 711
E. nick@prdkogarah.com.au E. arthur@swpre.com.au

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About rockdale

median house price

1700000

suburb growth

8.1%

median house rent

870

suburb rental yield

2.7%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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