Investors Opportunity to Reposition or Develop
26-28 Phillips Road, Kogarah NSW 2217

FOR SALE - BY AUCTION
Investors Opportunity to Reposition or Develop
  • 9 Separate tenancy areas

  • Zoned IN2-Light Industrial

  • Site area 2,298sqm (approx.)

26-28 Phillips Road, Kogarah occupies approximately 2,298sqm* of site area (on 2 titles) on a strategic corner position within the heart of the Kogarah light industrial precinct. 

 

The property encompasses 7 individual industrial units plus a storeroom and a storage yard. The estate benefits from 6 long term tenants and one owner occupied area with an approximate net income of $180,431pa (+GST). 

26-28 Phillips Road, Kogarah presents as an exceptional opportunity thanks to its position and exposure. The level footprint and rectangular dimensions provides ease and flexibility of design and construct for a potential new facility (STCA). Its proximity to major arterial roads further adds to the property's appeal. 

Investors have an opportunity to reposition this asset and increase the returns. 

 

26-28 Phillips Road, Kogarah will be sold via Public Auction in rooms on 21 June 2022 at Auctionworks, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000. 

Online bidding facilities are available, contact agents for further information.


* (approximately)
 

Charles Gonzalez 0412 279 588
David McClatchey 0402 445 499