243
Kingsgrove
Road
kingsgrove
NSW,
2208
SOLD
2
Land: 183.40 sqm
Property: 158 sqm
SOLD By Nick Reskakis
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
Agents
About kingsgrove
median house price
1885000suburb growth
4.7%median house rent
850suburb rental yield
2.3%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.
