SOLD
Sold on 06 Apr 2024 for $1,500,000

1/28 Production Avenue
Kogarah NSW 2217

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 634m2
Save

Property Details for 1/28 Production Ave, Kogarah

1/28 Production Ave, Kogarah is a 0 bedroom, 0 bathroom Unit with 2 parking spaces. The property has a land size of 634m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 0 bedroom Unit sold in Kogarah in the last 12 months.

Building Type
Unit
Land Size
634m2
Local Government
Bayside
Lot/Plan
1/SP52297

Last Listing description (November 2023)

CPG is pleased to present Unit 1/28 Production Avenue, Kogarah for sale via Public Auction.

The asset has the following key investment features:

- Ultimate opportunity for an owner occupier to move into a refreshed warehouse with all the trimmings!

- 279m Warehouse & Office*
- Street facing with exposure and ease of access
- Ground floor kitchen and toilet
- Mezzanine office equipped with kitchen and bathroom
- Ducted air conditioning
- Partitioned office into 3 suites along with open plan area
- Great natural light throughout offices overlooking Scarborough Park
- Two (2) allocated car spaces plus ample street parking
- Accessible via Production Avenue & Garrigarrang Avenue via Midjuburi Lane
- Freshly painted throughout along with painted warehouse floor
- Motorised remote control roller shutter
- Potential to separate office to warehouse for dual occupation
- Excellent location without prime proximity to Kogarah CBD, The Grand Parade and moments to M8 Stage 1, M5 along with Sydney Airport and Port Botany*

1/28 Production Avenue is a turn-key opportunity whereby the premises is present immaculately ready for its new owner!

Don't miss this buy as buying half a freehold warehouse is a rarity along with this stunning location!

OPEN FOR INSPECTION
Wednesdays 12:00pm to 12:30pm (AEDT)
8th, 15th & 22nd November 2023

AUCTION
On-site at 12pm (AEDT)
Wednesday, 29th November 2023

For further information, please contact the exclusive selling agents:

Greg Carr
0477 880 576

Hayden Bennett
0477 665 455

*Approximate

Property History for 1/28 Production Ave, Kogarah, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$1,500,000
06 Apr 2024
  • 06 Apr 2024
    Sold for $1,500,000
  • 02 Nov 2023
    Listed for Sale Auction 29th November 2023 at 12pm
  • 01 Jun 2017
    Sold for $1,600,000
Sign in to see more transactions

Commute Calculator

About Kogarah 2217

The size of Kogarah is approximately 2.7 square kilometres. It has 14 parks covering nearly 14.7% of total area. The population of Kogarah in 2011 was 12,763 people. By 2016 the population was 15,090 showing a population growth of 18.2% in the area during that time. The predominant age group in Kogarah is 30-39 years. Households in Kogarah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kogarah work in a professional occupation. In 2011, 55.7% of the homes in Kogarah were owner-occupied compared with 48.3% in 2016.

Kogarah has 10,491 properties. Over the last 5 years, Houses in Kogarah have seen a 53.70% increase in median value, while Units have seen a 17.81% increase. As at 30 November 2024:

  • The median value for Houses in Kogarah is $1,800,156 while the median value for Units is $725,471.
  • Houses have a median rent of $700 while Units have a median rent of $660.
There are currently 28 properties listed for sale, and 46 properties listed for rent in Kogarah on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Kogarah.

Suburb Insights for Kogarah 2217

Market Insights
Kogarah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Kogarah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.