52 Kitchener Parade, Bankstown, NSW 2200

Offices | Medical | Other

Sold Contact Agent

  • Property ID: 432725
  • Floor Area: 410m²
  • Land Area: 486.9m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 28/07/2023 410m2 486.9m2 Contact Agent
Freehold Office Building | Bankstown CBD

CPG is pleased to present 52 Kitchener Parade, Bankstown to the market for sale via Public Auction.

A well-maintained, two-storey, full brick, freestanding commercial building with basement car park, centrally located within a tightly held pocket of Bankstown CBD.

Key features include:
• 486.90m²* land area
• 410m²* lettable building area
• Comprises of three (3) individual units split over two (2) tenants
• Basement parking for up to nine (9) cars*
• Multi tenanted investment with diversified annual income
• Suites are separately metered, with glass façades to a common courtyard, providing excellent natural light to each suite
• Each suite contains amenities on both floors
• Zoned B4: Mixed Use under Bankstown Local Environmental Plan 2015
• 13m* frontage to Kitchener Parade
• Council car park at the rear of the property accessed from Meredith Street
• Conveniently located within close distance to Bankstown Station (450m* south), Bankstown Central (700m* east), Western Sydney University Campus (500m* east) & Hume Highway (1km* north)
• Combined rental income of $166,960.00 pa + GST*

Opportunities to acquire freehold buildings within the highly sought-after Bankstown commercial precinct are seldom. 52 Kitchener Parade presents as an excellent purchase for an astute investor or eventual owner occupier. Don’t pass this incredible opportunity to purchase a well constructed commercial building in a prime CBD location.

This property is being offered for sale by way of Public Auction, being held on Thursday 27th July from 6pm (AEST) at Level 3, 56 Kitchener Parade, Bankstown NSW 2200.

OPEN FOR INSPECTION
Wednesdays 12:00pm to 12:45pm

For further information, please contact the exclusive selling agents:

Chris Wade
0490 083 759
chrisw@commercial.net.au

Greg Carr
0477 880 576
gregc@commercial.net.au

*Approximate

Bankstown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $7391 $414 5.60%
Offices $6714 $510 7.60%
Industrial --- $190 ---
This is the average advertised price, rent and yield for Bankstown, NSW 2200*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  Commercial Property Group Southern Sydney

 

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Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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