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Industrial Real Estate Sold Kingsgrove NSW.

1,502sqm - Industrial Real Estate Sold Kingsgrove NSW-1/192 Kingsgrove Rd, Kingsgrove NSW 2208

1,502sqm – Industrial Real Estate Sold Kingsgrove NSW.

1/192 Kingsgrove Rd, Kingsgrove NSW 2208

Dan Biner of M5 Industrial Property Services is pleased to announce to the market this recent sale transaction which he has completed in the suburb of Kingsgrove NSW.

Mr Biner said ” after being appointed in early/mid 2013 we knew this property with its extremely unique layout was going to be a sale that required a HUGE effort and a very direct marketing approach.”

Unit 1/192 Kingsgrove Rd is a 1,510sqm Industrial facility that has over 1,000sqm of office and showroom.

Mr Biner added ” the 65% Office to Warehouse ratio was both the properties major benefit and major burden. Out of the 48 inspections that we carried out on this property over a 10 month period, we thought we have exausted the market.

On our return from the Xmas break we recieved an enquiry from a purchaser coming out of South Sydney. We inspected the property with the buyer and within 72 hours a contract was exchanged.”

Mr Biner confirmed that this deal has reconfirmed in his mind…… never give up !!!! ”

Main features of the building:

  • Total Building – 1,510sqm (approx)
  • Office / Showroom – 1,023sqm (approx)
  • Warehouse – 487sqm with 8m internal clearance
  • 17 car spaces on title
  • SOLD: $2,421,000 + GST

This Industrial Property located in Kingsgrove is now Sold.

CLICK HERE-> to search property currently available FOR LEASE or FOR SALE in Kingsgrove.

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