19 Railway ParadePenshurst NSW 2222
Property Details for 19 Railway Pde, Penshurst
19 Railway Pde, Penshurst is a 2 bedroom, 1 bathroom House. The property has a land size of 548m2 and floor size of 474m2. While the property is not currently for sale or for rent, it was last sold in December 2000.
Last Listing description (May 2016)
Commercial Property Group has the exclusive and exciting opportunity to offer 19-37 Railway Parade, Kogarah strip retail to the market for the first time in 26 years.
This trophy-like property provides 12 tenancies occupying 14 lots to be sold in one line at auction on 24th March, 2016.
Development approval has been granted for a 14 Lot Strata Subdivision, it benefits from a generous 65m frontage to Railway Parade, is directly adjacent to Kogarah Train Station and is located within the core of Kogarah Town Centre.
* 13 shops plus 1 commercial office
* Zoned B4 - Mixed Use
* 14 Lot Strata Subdivision Council Approved
* Varied tenancy profile - retail & commercial
* Annual fully leased income of $456,302.64 + GST
* Directly next to Kogarah Train Station & Town Centre
* Top Shelf Investment with 12 tenancies occupying 14 lots
* First time offered in 26 years
* Don't wait another quarter of a century for a property of this calibre to present itself!
Contact Hayden Bennett 0477 665 455, Damen Astey 0431 817 616 or Tom Mellios 0410 654 365 to obtain an Information Memorandum.
Property History for 19 Railway Pde, Penshurst, NSW 2222
- 14 Dec 2021Listed for Rent $415 / week
- 22 Feb 2016Listed for Sale Expression of Interest, Close: 4:30pm 24/03/2016
- 16 Dec 2000Sold for $366,000
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About Penshurst 2222
The size of Penshurst is approximately 2.5 square kilometres. It has 13 parks covering nearly 9.3% of total area. The population of Penshurst in 2011 was 11,692 people. By 2016 the population was 12,795 showing a population growth of 9.4% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation. In 2011, 65.2% of the homes in Penshurst were owner-occupied compared with 60.7% in 2016.
Penshurst has 5,884 properties. Over the last 5 years, Houses in Penshurst have seen a 56.02% increase in median value, while Units have seen a 15.96% increase. As at 31 October 2024:
- The median value for Houses in Penshurst is $1,809,306 while the median value for Units is $677,252.
- Houses have a median rent of $770 while Units have a median rent of $580.
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