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53-55 Rocky Point Rd 1,528 SF Retail Condo Unit Offered at $1,515,534 CAD in Kogarah, NSW 2217
Investment Highlights
- Freehold property in established retail corridor
- Offers both retail and residential components
- Current income-generating tenancy arrangement
- Rear lane with 4-car secured parking provision
- Positioned in Kogarah near key growth precincts
Executive Summary
The building is advantageously located on Rocky Point Road, offering outstanding visibility for passing traffic. The property is surrounded by complementary retail businesses, services, and medical facilities in proximity to Kogarah town center. It benefits from a thriving mixed-use precinct with growing infrastructure and provides convenient bus connectivity to adjoining suburbs and Sydney CBD.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Cap Rate | 3.99% |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.99% |
Description
The ground-floor retail tenancy offers approximately 142 m² of interior space supported by modernized interiors, bathroom facilities, and rear loading capability. The upstairs level features a three-bedroom residence, also containing a full kitchen and an additional bathroom, providing the potential for either owner occupation, sub-leasing, or expansion. This dual-income configuration enhances its appeal for investors seeking steady cash flow with scope for future redevelopment subject to council approval.
Sale Notes
53 Rocky Point Road is offered For Sale (Contact Agent), presenting a rare opportunity to acquire a freehold property with strong holding income and future upside. Currently generating a net rental income of approximately $60,000 per annum, the property offers immediate returns with the potential for value-add through residential extensions or redevelopment (STCA). Its prime location, mixed-use configuration, and secure parking make it an ideal choice for investors or owner-occupiers seeking a strategic asset in a high-demand corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 53 | 1,528 SF | Retail | $1,515,534 CAD ($991.84 CAD/SF) | $60,425.79 CAD |
Unit 53
| Unit Size |
| 1,528 SF |
| Condo Use |
| Retail |
| Price |
| $1,515,534 CAD ($991.84 CAD/SF) |
| NOI |
| $60,425.79 CAD |
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Unit 53
| Unit Size | 1,528 SF |
| Condo Use | Retail |
| Price | $1,515,534 CAD ($991.84 CAD/SF) |
| NOI | $60,425.79 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.99% |
| Description | |
| The ground-floor retail tenancy offers approximately 142 m² of interior space supported by modernized interiors, bathroom facilities, and rear loading capability. The upstairs level features a three-bedroom residence, also containing a full kitchen and an additional bathroom, providing the potential for either owner occupation, sub-leasing, or expansion. This dual-income configuration enhances its appeal for investors seeking steady cash flow with scope for future redevelopment subject to council approval.</li></ul> | |
| Sale Notes | |
| 53 Rocky Point Road is offered For Sale (Contact Agent), presenting a rare opportunity to acquire a freehold property with strong holding income and future upside. Currently generating a net rental income of approximately $60,000 per annum, the property offers immediate returns with the potential for value-add through residential extensions or redevelopment (STCA). Its prime location, mixed-use configuration, and secure parking make it an ideal choice for investors or owner-occupiers seeking a strategic asset in a high-demand corridor.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,135 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 764 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1968 |
| Building Class | C | Lot Size | 0.09 AC |
| Total Building Size | 6,135 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 764 SF |
| Year Built | 1968 |
| Lot Size | 0.09 AC |
Amenities
- Signage
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Nearby Major Retailers
Contact
-
Louie Jovcevski -
LJ Hooker Hurstville
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Videos
Matterport 3D Exterior
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Photos
Street View
Street
Map
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53-55 Rocky Point Rd
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