FOR SALE
Freestanding 900m2 warehouse on 1500m2 Land

47 Garema Circuit
Kingsgrove NSW 2208

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 1500m2
Land area: 1500m2
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Freestanding Industrial Warehouse

- BV Property as exclusive managing & Sales agents are pleased to offer this rare opportunity to acquire such a great property at 47 Garema Crt, Kingsgrove
Key Property Features:
- A prime and rare opportunity buy this full brick free standing industrial building with 2 container roller door access
- Perfect for Owner Occupiers or Investors.
- Current tenant paying $228,000 pa + GST + 100% of Outgoings.
- Only a few months left on the lease as it expires 28 February 2025 with no options.
- For Investors a new lease can be negotiated with the existing Lessee or new Lessee
- Full brick building has an east facing aspect
- Located within the following precinct; - 2km* to King Georges Road - 2.1km* to M5 East Motorway - 9.5km* to Sydney Airport - 16km* to Port Botany
- It offers versatility with two roller shutters and a high clearance storage capacity, metal deck roof and a flat level yard for truck access and container drop zone.
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Property Details for 47 Garema Cct, Kingsgrove

Building Type
Commercial
Floor Size
1500m2
Land Size
1500m2

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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 6,030 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.
There are currently 21 properties listed for sale, and 23 properties listed for rent in Kingsgrove on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Kingsgrove.

Suburb Insights for Kingsgrove 2208

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Shane Ada
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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.