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Industrial Real Estate Sold Kingsgrove NSW.
1,033sqm – Industrial Real Estate Sold Kingsgrove NSW.
2 Omnibus Road Kingsgrove NSW 2208
One of the last remaining hard stand yards in Kingsgrove, this property was ‘fearcely’ contested with a flurry of last minute offers at the 11th hour.
Mark Ammon and Michael Abbott – joint exclusive marketing agent stated – ” after an exaustive local and regional marketing campaign, the actual buyer ended up being the sitting tenant ! It was a great campaign that proved that buyers are still seeing value in the Industrial property as the Sydney Residential market becomes over heated.”
Mr Mammoun said “after over 17 individual inspections I honestly couldnt believe the buyer was right under my nose !!!”
“MKD are a transport company that have large contracts with International companies such as IKEA so location was their primary objective.
Main Features of Property:
- Total Building area 245sqm over two levels
- Hard stand yard with dual driveway access 921sqm
- Toal Land – 1,033sqm
- Zoning – IN2 Light Industrial
- Passing income – $72,300pa + GST
- SOLD – $1,435,000 + GST
This Industrial Property located in Kingsgrove is now Sold.
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