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202 & 203/22 Belgrave Street, Kogarah, NSW 2217
Floor Area:
276sqm
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.

Mathew Budzevski
Sales & Leasing Associate to 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

