Ray White Hurstville is delighted to present 11 Queen Victoria Street, Kogarah to the market for sale - a rare opportunity to secure a prominent freestanding building in a highly convenient and sought-after location.
Offered to the market for the first time in over 30 years, this versatile property presents an outstanding investment opportunity, featuring three separate tenancies and exciting potential to enhance future returns. This includes a ground-floor retail shop currently occupied by a hairdresser, second residential 2 bedroom full brick flat behind and one separate detached granny flat at the rear.
Positioned just metres from Kogarah Station and Kogarah Shopping Centre, the property offers exceptional accessibility and convenience for both tenants and customers.
Property Highlights:
• Three separate tenancies, comprising: Ground-floor retail shop currently occupied by a hairdresser, Second residential 2 bedroom, 1 bathroom full brick flat behind, One separate detached granny flat at the rear
• First time offered for sale in 30 years
• Prominent freestanding building with external signage opportunities
• Additional vacant storage rooms offering further potential
• Land area 341sqm*
• Floor area 150sqm*
• Total combined rental income per annum $70,720 (potential to increase)*
• Ample amenities and laundry facilities
• Excellent value-add opportunity through renovation and potential rental improvement
• B1 neighbourhood centre zoning
• 270m walk to Kogarah Station
Ideally situated in the heart of Kogarah, this property enjoys a prime position just metres from major transport links, retail amenities and the local shopping precinct. Located approximately 14 kilometres* south of Sydney's CBD, it offers excellent connectivity and long-term investment appeal.
Whether you are an investor seeking an established income-producing asset or a purchaser looking to unlock the property's future potential, this is an opportunity not to be missed.
*approximate
Disclaimer: The information provided is intended as a guide only. The pictures are artificial images. They are not part of any legal document of title and are subject to errors, omission, and inaccuracies, and should not be used as a reference. Interested persons must rely on their own inquiries.