FOR SALE
Sale Price Unavailable

470-472 Anzac Parade
Kingsford NSW 2032

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 256m2
Land area: 285m2
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Kingsford Mixed Use Investment with Significant Development Potential

Ray White Commercial Eastern Suburbs and Ray White Double Bay are excited to present to market 470-472 Anzac Parade, Kingsford, being sold by Private Treaty.
This exceptional freehold building is perfectly positioned on Anzac Parade in Kingsford's bustling shopping precinct and strategically positioned within walking distance to the UNSW Campus, Prince of Wales Hospital, nearby Kingsford Light Rail Station and well-connected public transport hubs.
The property is located within the Kensington to Kingsford Planning Strategy precinct (K2K) offering favourable planning controls and incredible development potential in one of the fastest growing residential precincts in Sydney's Eastern suburbs.
Investment Highlights:
- 2 level freehold comprising a ground floor restaurant and 2 x 2 bedroom apartments
- Ground floor leased to established Malaysian Restaurant operator with 2 existing locations
- Both units are renovated with timber flooring, modern kitchen, air conditioning + internal laundry facilities
- Annual Income: $173,000 per annum (approx.)
Development Highlights:
- Land Size: 285m2 (approx.) | Existing Building Area: 256m2 (approx.)
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Property Details for 470-472 Anzac Pde, Kingsford

Building Type
Commercial
Floor Size
256m2
Land Size
285m2

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About Kingsford 2032

The size of Kingsford is approximately 2 square kilometres. It has 9 parks covering nearly 0.5% of total area. The population of Kingsford in 2011 was 14,100 people. By 2016 the population was 15,474 showing a population growth of 9.7% in the area during that time. The predominant age group in Kingsford is 20-29 years. Households in Kingsford are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kingsford work in a professional occupation. In 2011, 49.2% of the homes in Kingsford were owner-occupied compared with 43% in 2016.

Kingsford has 6,863 properties. Over the last 5 years, Houses in Kingsford have seen a 41.34% increase in median value, while Units have seen a 14.63% increase. As at 30 November 2024:

  • The median value for Houses in Kingsford is $2,708,448 while the median value for Units is $960,265.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 21 properties listed for sale, and 34 properties listed for rent in Kingsford on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Kingsford.

Suburb Insights for Kingsford 2032

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Zorick Toltsan
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RWC Eastern Suburbs
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.