12/5 Belgrave StreetKogarah NSW 2217
Property Details for 12/5 Belgrave St, Kogarah
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
- 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
- 27 May 2024Sold for $440,000
- 09 May 2023Listed for Sale Sold
- 05 Apr 2022Listed 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 10,387 properties. Over the last 5 years, Houses in Kogarah have seen a 59.92% increase in median value, while Units have seen a 22.77% increase. As at 31 October 2024:
- The median value for Houses in Kogarah is $1,795,037 while the median value for Units is $731,406.
- Houses have a median rent of $700 while Units have a median rent of $660.
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