34 Garema CircuitKingsgrove NSW 2208
Property Details for 34 Garema Cct, Kingsgrove
Last Listing description (December 2021)
34 Garema Circuit Kinsgrove is situated in the heart of Kingsgrove's Industrial precinct. Situated 1.6km off Canterbury Road, 2.3km from both King Georges Road and the M5 Motorway. The premises is within 20km's from Sydney's Central Business District. Located within close proximity to McDonalds, KFC, Bunnings Warehouse, Harvey Norman, TLE Electrical and many More.
Niemeyer Commercial Industrial Property are pleased to offer for the first time via way of Public Auction, this prime FREESTANDING industrial investment at 34 Garema Circuit, Kingsgrove
- Long standing national business
- Currently leased for $120,000.00 per annum plus GST
- Leased with Income
- Immaculate freestanding industrial facility
- Ample street parking with Ten (10) car spaces on-site
- Offers dual container height roller doors with ample high clearance warehousing
- Ideal investment for many astute investors
- Inspection via appointment only!
Auction | 60 Marigold Street, Revesby
Monday, 6th December 2021 @ 6pm
For a copy of the Information Memorandum, Contract of Sale or to arrange inspections, please contact Frank Bartorilla - 0414 263 544 or Anthony Bartorilla - 0424 964 274
Property History for 34 Garema Cct, Kingsgrove, NSW 2208
- 06 Dec 2021Sold for $4,550,000
- 11 Nov 2021Listed for Sale AUCTION
- 06 Sep 2021Sold
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About Kingsgrove 2208
The size of Kingsgrove is approximately 4.5 square kilometres. It has 22 parks covering nearly 7.6% of total area. The population of Kingsgrove in 2011 was 11,515 people. By 2016 the population was 12,433 showing a population growth of 8.0% in the area during that time. The predominant age group in Kingsgrove is 40-49 years. Households in Kingsgrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingsgrove work in a professional occupation. In 2011, 73.5% of the homes in Kingsgrove were owner-occupied compared with 71.8% in 2016.
Kingsgrove has 6,028 properties. Over the last 5 years, Houses in Kingsgrove have seen a 64.69% increase in median value, while Units have seen a 19.18% increase. As at 31 October 2024:
- The median value for Houses in Kingsgrove is $1,802,994 while the median value for Units is $764,861.
- Houses have a median rent of $890 while Units have a median rent of $600.
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