72 Victoria StreetKingswood NSW 2747
Property Details for 72 Victoria St, Kingswood
Last Listing description (August 2024)
Raine&Horne St Marys is pleased to offer to the market 72 - 84 Victoria Street, Werrington for sale by way of Expressions of Interest campaign, closing 4.00pm Thursday 3rd October, 2024.
This is an opportunity to acquire an established single level neighbourhood shopping centre.
Generating a substantial gross income of approximately $397,000.00 GST inclusive per annum.
Situated on a prominent road with high exposure, the property is directly opposite Werrington Railway Station and bus interchange.
• Suitable for investors and developers
• Ideal location opposite Werrington Station with high vehicle and pedestrian traffic
• 100% leased
• Gross income of $397,871.76* per annum
• Council car parking area behind complex
• Zoning E1: Local Centre
• Potential development with 15m height limit
*Approximately
For Sale by way of Expressions of Interest (EOI) closing 4.00pm on Thursday 3rd October, 2024
Inspection by appointment: John Killen 0415 912 785
*** All information contained herein is gathered from reliable sources, however we cannot guarantee its accuracy, and all persons should rely on their own enquiries. Distances & amounts are approximate ***
Property History for 72 Victoria St, Kingswood, NSW 2747
- 22 Aug 2024Listed for Sale Expressions Of Interest
- 04 Mar 2024Listed for Rent $350 / week
- 16 Jan 2024Sold for $1
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0About 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 5,437 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.
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