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Industrial Real Estate Sold Kingsgrove NSW.

industrial property sold 5/27 Garema Cct Kingsgrove

314sqm – Industrial Real Estate Sold Kingsgrove NSW.

5/24 Garema Cct, Kingsgrove NSW 2208

Michael Abbott and Dan Biner of M5 Industrial Property Services are pleased to announce to the market this recent leasing transaction which he has completed in the suburb of Kingsgrove NSW.

Mr Abbott said ” these 1985, older style, low clearance Industrial strata complexes are still in demand…. this property was sold OFF MARKET to a local buyer that had been looking for a property for approx 8 months.
The purchaser has purchased the unit with an exixting tenancy in place paying $35,000pa Gross + GST. This represents a Gross return of 6.9%.

Features of this Property.

  • Total Building – 314sqm (approx)
  • 4.5m internal clearance (approx)
  • Dual Roller Doors
  •  SOLD: $507,400 + GST
This Industrial Property located in Kingsgrove is now Sold.

industrial property sold 5/27 Garema Cct Kingsgrove

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