302 Kingsgrove Road, Kingsgrove, NSW 2208 | Property Value & History | OnTheHouse
OFF MARKET

302 Kingsgrove Road
Kingsgrove NSW 2208

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 247m2
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Property Details for 302 Kingsgrove Rd, Kingsgrove

Building Type
Commercial
Land Size
247m2
Local Government
Bayside
Lot/Plan
A/DP31523

Last Listing description (July 2024)

Perfectly situated in the heart of Kingsgrove business hub with high exposure to daily pedestrian and vehicular traffic, this prominent two level building has been trading as a successful and established Chinese Restaurant for many years and now offers the astute buyers to either capitalise on the existing restaurant setup business or those seeking an trophy freehold investment with future development upside STCA.

Features:

* Approx. land size 246.6m2

* Upstairs consists of a large open plan area and roof storage
* Rear lane access provides for easy unloading

Rarely offered to the market with generous projected rental in this tightly held suburb. Do not miss out on this once in a lifetime opportunity.

Property History for 302 Kingsgrove Rd, Kingsgrove, NSW 2208

A timeline of how this property has performed in the market
Last Sold
$2,800,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $2,800,000
  • 25 Sep 2023
    Listed for Sale Contact Agent
  • 15 Sep 2005
    Sold for $810,000
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About Kingsgrove 2208

The size of Kingsgrove is approximately 4.5 square kilometres. There are 22 parks, covering nearly 7.6% of the total area. The population of Kingsgrove in 2016 was 12446 people. By 2021 the population was 12881 showing a population growth of 3.5% in the area during that time. The predominant age group in Kingsgrove is 40-49 years. Households in Kingsgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kingsgrove work in a professional occupation.In 2021, 71.40% of the homes in Kingsgrove were owner-occupied compared with 71.80% in 2016.

Kingsgrove has 6,117 properties. Over the last 5 years, Houses in Kingsgrove have seen a 30.25% increase in median value, while Units have seen a 9.59% increase. As at 30 June 2026:

  • The median value for Houses in Kingsgrove is $1,833,402 while the median value for Units is $809,937.
  • Houses have a median rent of $900 while Units have a median rent of $620.
There are currently 27 properties listed for sale, and 24 properties listed for rent in Kingsgrove on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Kingsgrove.

Suburb Insights for Kingsgrove 2208

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.