Forthcoming Auction
582-584 Anzac Parade, Kingsford, NSW 2032
Iconic Retail Investment with Development Potential
Ray White Kingsford proudly presents an extraordinary retail investment opportunity paired with significant development potential within Sydney's highly sought-after investment district.
This distinctive standalone brick structure boasts a strategic position, close to UNSW, the vibrant Kingsford shopping hub, and conveniently positioned right across from the Juniors light rail station. Its unique zoning opens doors to enriched development options and modernization, subject to council approval.
Key Advantages:
+ A two-tiered architectural marvel, housing both retail and residential domains.
+ A promising revenue stream with versatile prospects for separate tenancies.
+ Expansion possibilities under the B2 zoning - Local Centre (according to LEP 2013).
+ Building elevation set at a maximum of 31 meters, following the guidelines of Kensington & Kingsford Strategic Planning.
+ Beneficial 4:1 FSR (Floor Space Ratio), harmonizing with Kensington & Kingsford Strategy Planning.
+ Expansive land area spanning 530 square meters.
+ Accommodates up to 6 vehicles effortlessly.
Tenancy Particulars:
Ground Floor - Dining Area
+ Boasts 5 contemporary restroom facilities.
+ Potential annual rental income: approximately $120,000 + outgoings & GST.
+ Floor area approx 280 sqm
First Floor - Residential Quarters
+ Comprises 4 generously sized bedrooms and 1.5 bathrooms.
+ Floor area approx 70 sqm
Unleash the boundless potential of this hidden treasure within Sydney's premier real estate landscape. A perfect prospect for discerning investors seeking both a stable return on investment and the promise of future growth. Your opportunity to shape a secure future begins today!
This distinctive standalone brick structure boasts a strategic position, close to UNSW, the vibrant Kingsford shopping hub, and conveniently positioned right across from the Juniors light rail station. Its unique zoning opens doors to enriched development options and modernization, subject to council approval.
Key Advantages:
+ A two-tiered architectural marvel, housing both retail and residential domains.
+ A promising revenue stream with versatile prospects for separate tenancies.
+ Expansion possibilities under the B2 zoning - Local Centre (according to LEP 2013).
+ Building elevation set at a maximum of 31 meters, following the guidelines of Kensington & Kingsford Strategic Planning.
+ Beneficial 4:1 FSR (Floor Space Ratio), harmonizing with Kensington & Kingsford Strategy Planning.
+ Expansive land area spanning 530 square meters.
+ Accommodates up to 6 vehicles effortlessly.
Tenancy Particulars:
Ground Floor - Dining Area
+ Boasts 5 contemporary restroom facilities.
+ Potential annual rental income: approximately $120,000 + outgoings & GST.
+ Floor area approx 280 sqm
First Floor - Residential Quarters
+ Comprises 4 generously sized bedrooms and 1.5 bathrooms.
+ Floor area approx 70 sqm
Unleash the boundless potential of this hidden treasure within Sydney's premier real estate landscape. A perfect prospect for discerning investors seeking both a stable return on investment and the promise of future growth. Your opportunity to shape a secure future begins today!
Property Info
Municipality
Kingsford
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