34 Station Street, Kogarah
Development
SOLD IN ONE LINE- APARTMENT BLOCK + 2 HOUSES
Adam Charles is delighted to announce the successful sale of 34 Station Street & 9-13 Robertson Street, Kogarah.
Following a competitive campaign with a detailed approach, we we able to generate over 160 enquiries for this outstanding investment opportunity.
The properties prime Kogarah Town Centre location, diverse income stream & exciting future potential attracted strong interest from both investors and developers alike.
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
Should you wish to discuss this transaction in further detail, to request the transaction analysis or have a confidential discussion about your asset, please feel free to reach out to the exclusive agents listed below
Following a competitive campaign with a detailed approach, we we able to generate over 160 enquiries for this outstanding investment opportunity.
The properties prime Kogarah Town Centre location, diverse income stream & exciting future potential attracted strong interest from both investors and developers alike.
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
Should you wish to discuss this transaction in further detail, to request the transaction analysis or have a confidential discussion about your asset, please feel free to reach out to the exclusive agents listed below
Sold
1092.4 sqm
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Bayside Council Bayside Local Environment Plan 2021 Zone: R4 High Density Residential FSR: 1:1 HOB: 14.5m