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  • 202 & 203/22 Belgrave Street, Kogarah, NSW 2217

202 & 203/22 Belgrave Street, Kogarah, NSW 2217

  • Floor Area:
    276sqm
  • garages5
    • For Sale

      $1,650,000

      Kogarah CBD - Strategic Commercial Office Investment with Occupier Flexibility | 276sqm | 5 Car Spaces

      Strategically located on busy Belgrave Street, just off Kensington Street and moments from Kogarah Train Station/Town Centre, the property is positioned in close proximity to both St George Public & Private Hospitals and surrounded by a broad mix of medical, professional and commercial operators.
      This highly accessible location provides a compelling opportunity for both owner-occupiers and investors seeking exposure to the strong fundamentals of the Kogarah market.
      Currently operating as a professionally managed serviced office business, the property benefits from multiple established income streams while retaining the flexibility to accommodate an owner-occupier in-part, or future whole occupation. Buyers can continue the existing model, reconfigure for their own requirements, or lease the premises in its entirety to maximise income potential.
      > 276m²* of quality office space
      > Five secure on-title car spaces
      > Existing fit-out including: 8 private offices, 11 workstations, 2 meeting rooms, kitchen and staff breakout area
      > Excellent natural light throughout
      > Current income in current format: $114,112 pa + GST
      > Estimated fully leased income in current format: $191,655 pa + GST
      > Opportunity to increase returns through lease optimisation
      > Flexible floorplate suitable for medical, allied health, legal, accounting, consulting and corporate occupiers
      *All areas, amounts & distances are approximate.
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      avatar Mathew Budzevski
      Mathew Budzevski
      Sales & Leasing Associate to Nicholas Smith
      avatar Nicholas Smith
      Nicholas Smith
      Director | Licensee in Charge

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L41528714
      • Property Type:Offices
      • Building / Floor Area:276 sqm
      • Car Spaces:5