Investment Overview:
The Security Property comprises a circa 1980 built, large part two storey, industrial warehouse currently utilised as a manufacturing facility for office furniture. The building comprises a larger warehouse area, offices, amenities, kitchenette, lunchroom, mezzanine, and large basement car park for approximately 16 vehicles. The property is owner-occupied.
The property is zoned IN2: Light Industrial under Canterbury – Bankstown Local Environment Plan 2023.
Kingsgrove is a suburb in Southern Sydney, NSW, Australia. Kingsgrove is 13 km south of the Sydney central business district and lies across the local government areas of the City of Canterbury-Bankstown, Bayside Council and the Georges River Council.
The immediate area is well serviced in relation to local schools, parks, train/bus transport and in close proximity to the M5 motorway on and off ramps.
The subject property is more specifically located on the western side of Garema Circuit. The property is located in the main industrial precent of Kingsgrove with surrounding development comprising of similar industrial developments of varying sizes.
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