FOR SALE
Expression of Interest

582-584 Anzac Parade
Kingsford NSW 2032

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 350m2
Land area: 531m2
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Prime Retail Investment with Development Opportunities

Discover this exceptional freehold brick building, perfectly positioned near UNSW, Kingsford's bustling shopping precinct, and well-connected public transport hubs. Featuring unique zoning, this property offers tremendous potential for further development or modernization, subject to council approval.
Moreover, there's an exclusive opportunity to acquire the adjacent site at 586-592 Anzac Parade, Kingsford (approx 450 sqm), enabling a larger-scale development project.
Key Highlights:
+ Two levels featuring both retail and residential areas
+ Strong income possibilities through separate tenancies
+ B2/E2 zoning - Local Centre / Commercial Centre (LEP 2013)
+ Potential building height allowance of up to 31 meters (Kensington & Kingsford Strategy Planning) - STCA
+ Floor space ratio of 4:1 (Kensington & Kingsford Strategy Planning) - STCA
+ Land Area: 530 sqm
Seize this exceptional investment opportunity today. Contact us now to secure your interest!

Property Details for 582-584 Anzac Pde, Kingsford

Building Type
Commercial
Floor Size
350m2
Land Size
531m2

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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 6,839 properties. Over the last 5 years, Houses in Kingsford have seen a 48.59% increase in median value, while Units have seen a 18.59% increase. As at 30 September 2024:

  • The median value for Houses in Kingsford is $2,712,731 while the median value for Units is $979,961.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 44 properties listed for rent in Kingsford on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Kingsford.

Suburb Insights for Kingsford 2032

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Ferry Suwito
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Ray White Kingsford
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Disclaimer
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.