SOLD
Sold on 27 May 2024 for $440,000

12/5 Belgrave Street
Kogarah NSW 2217

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 12/5 Belgrave St, Kogarah

Building Type
Commercial
Local Government
Georges River
Lot/Plan
12/SP69758

Last Listing description (May 2024)

Honer Dodd are pleased to market this modern office suite in sought after "Town Square Arcade" adjacent to Kogarah Library in the heart of Kogarah CBD. This 61sqm commercial area which is currently leased (approx $26,330pa + GST) to clean use Beautician Clinic.
- Blue chip investment
- Internal ground level area 61sqm

- Fully partitioned
- Reception area, main boardroom/office with vanity/sink, 3 x offices plus storage area
- Fully ducted air conditioning
- Shared communal male and female amenities
- Lift access to double tandem secure parking area (27sqm), car entry from Derby Street.

The arcade is currently of mixed use including other medical suites, retail spaces, restaurants and offices.

Outgoings approx Total $7,950 per annum (paid by tenants)

Property History for 12/5 Belgrave St, Kogarah, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$440,000
27 May 2024
  • 27 May 2024
    Sold for $440,000
  • 09 May 2023
    Listed for Sale Sold
  • 05 Apr 2022
    Listed for Sale FOR SALE
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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 10,384 properties. Over the last 5 years, Houses in Kogarah have seen a 59.55% increase in median value, while Units have seen a 23.15% increase. As at 30 September 2024:

  • The median value for Houses in Kogarah is $1,770,161 while the median value for Units is $724,070.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 39 properties listed for sale, and 36 properties listed for rent in Kogarah on OnTheHouse. According to CoreLogic's data, 454 properties were sold in the past 12 months in Kogarah.

Suburb Insights for Kogarah 2217

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Contact agent
Adrian Dodd
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Stacey Auciello
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Honer Dodd Realty
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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.