FOR SALE
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Units 6 & 7/6-14 Phillip Street
Kingswood NSW 2747

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Bathrooms: -
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Double Strata Unit in Popular Kingswood Industrial Precinct

Raine & Horne Commercial Penrith is delighted to present Units 6 & 7 Phillip Street, Kingswood to the market for sale. These two units have been combined to provide for 478m² of floor space. Property's like this are infrequently offered for sale in the popular Kingswood Industrial Precinct. Currently leased to Penrith City Auctions which is expiring shortly.
Property Features:
• 239m² of floor space in each unit with access between the two provided in two sections
• Additional mezzanine level in each unit (circa 100m²) which provides for office accommodation and storage
• Short term lease in place to 1 January 2025 which is returning $48,000 + GST across both units
• No GST payable on sale
• Kitchenette
• Bathroom
• Common on grade parking
• Functional driveway
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Property Details for Units 6 & 7/6-14 Phillip St, Kingswood

Building Type
Commercial

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About Kingswood 2747

The size of Kingswood is approximately 5.3 square kilometres. It has 22 parks covering nearly 10.3% of total area. The population of Kingswood in 2011 was 9,107 people. By 2016 the population was 9,288 showing a population growth of 2.0% in the area during that time. The predominant age group in Kingswood is 20-29 years. Households in Kingswood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kingswood work in a professional occupation. In 2011, 51.4% of the homes in Kingswood were owner-occupied compared with 44.9% in 2016.

Kingswood has 5,434 properties. Over the last 5 years, Houses in Kingswood have seen a 64.54% increase in median value, while Units have seen a 34.13% increase. As at 31 October 2024:

  • The median value for Houses in Kingswood is $984,991 while the median value for Units is $565,294.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 41 properties listed for sale, and 30 properties listed for rent in Kingswood on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Kingswood.

Suburb Insights for Kingswood 2747

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John Henry
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Liz Prasad
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Raine & Horne Commercial Penrith
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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.