OFF MARKET

4/2 Garling Road
Kings Park NSW 2148

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 537m2
Land area: 8222m2
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Property Details for 4/2 Garling Rd, Kings Park

4/2 Garling Rd, Kings Park is a bedroom, bathroom Unit. The property has a land size of 8222m2 and floor size of 537m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Floor Size
537m2
Land Size
8222m2
Local Government
Blacktown
Lot/Plan
4/SP33108

Last Listing description (May 2023)

Ray White Commercial Western Sydney is pleased to present 4/2 Garling Road, Kings Park (BLACKTOWN LGA) for sale via Private Treaty.

Desirable investment situated within a large format retail precinct surrounded by fast food giants including McDonald's, KFC, Subway and many more.

Leased to a long standing tenant 'Hobbysew' for over 13 years providing stable return and easily manageable single tenant investment.

Additional highlights of the property are outlined below:

Net annual income of $114,464* + GST
Building area - 537 sqm*
Zoning - B5 Business Development
Leased to a long standing tenant ' Hobbysew' for over 13 years & successfully trading at 7
other locations.
Investment opportunity with a potential to occupy in future upon lease expiry.
Part of a large format retail precinct spanning over 8,000 sqm and surrounded by fast food
giants including McDonald's, KFC, Subway and many more.
Open layout with dual entrance & ample on-grade parking.
Located between Blacktown & Parklea providing easy access to major arterial roads including
Sunnyholt Road and M7 motorway.

The property is offered for sale via Private Treaty.

For more information, please contact the below exclusive selling agents.

Property History for 4/2 Garling Rd, Kings Park, NSW 2148

A timeline of how this property has performed in the market
Last Sold
$2,300,000
06 Mar 2023
Listed for Rent
$2.01k/w
13 Nov 2012
  • 06 Mar 2023
    Sold for $2,300,000
  • 31 Jan 2023
    Listed for Sale $2,425,000
  • 13 Nov 2012
    Listed for Rent $104,715 / year
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About Kings Park 2148

The size of Kings Park is approximately 2.6 square kilometres. It has 1 park covering nearly 6.5% of total area. The population of Kings Park in 2011 was 3,347 people. By 2016 the population was 3,444 showing a population growth of 2.9% in the area during that time. The predominant age group in Kings Park is 30-39 years. Households in Kings Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kings Park work in a professional occupation. In 2011, 79.3% of the homes in Kings Park were owner-occupied compared with 77.8% in 2016.

Kings Park has 1,850 properties. Over the last 5 years, Houses in Kings Park have seen a 62.47% increase in median value, while Units have seen a 36.71% increase. As at 31 October 2024:

  • The median value for Houses in Kings Park is $1,168,880 while the median value for Units is $637,132.
  • Houses have a median rent of $655 while Units have a median rent of $560.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Kings park on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in Kings park.

Suburb Insights for Kings Park 2148

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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.