SOLD
Sold on 30 Aug 2024 for $1,416,800

5/171-173 Kingsgrove Road
Kingsgrove NSW 2208

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 91m2
Land area: 1708m2
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Property Details for 5/171-173 Kingsgrove Rd, Kingsgrove

5/171-173 Kingsgrove Rd, Kingsgrove is a bedroom, bathroom Unit and was built in 2013. The property has a land size of 1708m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other bedroom Unit sold in Kingsgrove in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
91m2
Land Size
1708m2
Local Government
Canterbury-Bankstown
Lot/Plan
5/SP75461

Last Listing description (October 2024)

Raine & Horne Commercial Bankstown is excited to offer by way of private treaty 5/171 Kingsgrove Road Kingsgrove. Situated within the sought-after IBUS business centre, this modern industrial estate is positioned on the corner of Kingsgrove Road & Omnibus street, allowing for great exposure.

Key highlights include:

* 113m | Ground floor warehouse/showroom

* 116m | Sundrenched and air conditioned First floor office space
* 17m | Secure storage area in basement
* Impeccably maintained complex.
* 3 secure basement parking spaces
* Visitor parking available
* Air-conditioned throughout
* Modern bathroom and kitchenette facilities.

IBUS business centre is strategically located within the sought-after Kingsgrove industrial precinct, allowing quick and easy access to Sydney's major road network including M5 Motorway on/off ramps, and moments from retail & transport amenities.

Ideal opportunity for an investor or owner occupier to acquire a desirable industrial unit within a tightly held estate.

For further details, or to obtain a copy of the information memorandum, please don't hesitate to contact the agents listed below.

Mark Ammoun
Raine & Horne Commercial
0410 532 733
1300 00 21 20

Property History for 5/171-173 Kingsgrove Rd, Kingsgrove, NSW 2208

A timeline of how this property has performed in the market
Last Sold
$1,416,800
30 Aug 2024
Listed for Rent
$671/w
12 May 2012
  • 30 Aug 2024
    Sold for $1,416,800
  • 10 May 2024
    Listed for Sale SOLD BY RAINE & HORNE COMMERCIAL BANKSTOWN
  • 24 Mar 2014
    Sold for $600,000
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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 6,027 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 20 properties listed for rent in Kingsgrove on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Kingsgrove.

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Contact agent
Mark Ammoun
Show contact details
Raine & Horne Commercial Bankstown
Preferred contact:
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.