| Address | Unit 84, 2 The Crescent, Kingsgrove NSW 2208 |
|---|---|
| Property Type | Industrial Showroom & Warehouse (strata) |
| Complex | Kingsgrove Connect Business Park — completed 2023 |
| Title | Strata — SP105696 |
| Building Area | 165m²* (as per the strata plan) |
| Ground Area | 115m² |
| Mezzanine / Office | 50m² |
| Car Spaces | 2 secure undercover car spaces |
| Zoning | E4 General Industrial |
| Power | Three-phase power supply |
| Amenities | Kitchenette, bathroom and shower facilities |
| Access & Security | 24/7 access, keyless unit entry, CCTV and gated complex; common 20-foot container loading/unloading area |
Unit 84, 2 The Crescent, Kingsgrove offers a leased investment opportunity within Kingsgrove Connect Business Park, a near-new industrial and business precinct completed in late 2023. The unit presents as a premium, street-facing showroom warehouse with excellent exposure and a strong signage opportunity to passing traffic and the surrounding business community.
The property is currently fitted out and operating as a high-end automotive care and detailing showroom, showcasing the flexibility of the space for a premium retail or showroom use. Internally, the unit combines a high-clearance warehouse floor with a full mezzanine level fitted as an air-conditioned office, benefiting from extensive natural light and outlooks over the tree-lined green space of Linear Park.
The unit includes 2 secure car spaces. With lease expiry on 14 January 2027, the property suits either an owner-occupier looking ahead to vacant possession, or an investor seeking to continue the holding as a leased asset within a tightly held precinct.
Kingsgrove Connect Business Park occupies a well-connected position in south-central Sydney, within a tightly held industrial and commercial precinct characterised by limited land supply. Neighbouring investors and occupiers in the surrounding area include Goodman Group, GPT Group, BlackRock, Bunnings and Kennards Storage.
Nearby amenity includes Linear Park (recreation and cycleway), Woolworths, Bunnings, a range of cafes and restaurants, and three golf courses.
| Lease Commencement Date | 15 January 2024 |
|---|---|
| Term | 3 Years |
| Lease Expiry | 14 January 2027 |
| Passing Rent | $61,326 + GST per annum |
| Rent Review | Greater of 4% or CPI |
| Option | Nil |
| Bond | $15,592.50 |
| Note | As at the date of this Information Memorandum, the current lease has a short remaining term to expiry. Interested parties should factor this into their own due diligence and settlement planning. |
Seize this exceptional market opportunity. Connect with us today to request a comprehensive due diligence package, discuss the asset in detail, and secure your private inspection time.