1/79-87 Princes Highway, Kogarah, NSW 2217 sold on 03 September 2025 | OnTheHouse
SOLD
Sold on 03 Sep 2025 for $3,000,000

1/79-87 Princes Highway
Kogarah NSW 2217

Bedrooms: -
Bathrooms: -
Car spaces: 11
Floor area: 252m2
Land area: 172m2
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Property Details for 1/79-87 Princes Hwy, Kogarah

Building Type
Commercial
Year Built
2015
Floor Size
252m2
Land Size
172m2
Local Government
Georges River
Lot/Plan
68/SP87059

Last Listing description (November 2025)

Ray White Commercial are excited to present a prime investment opportunity with the sale of Shops 1 & 2 at 79-87 Princes Highway, Kogarah.

This property boasts a prime location with outstanding visibility for both vehicle and pedestrian traffic, making it a standout choice on Princes Highway, Right next to St George Hospital. Its close proximity to Kogarah Train Station, Rockdale Plaza, Kogarah Town Centre, TAFE, local hospitals, and upcoming transport developments such as the M6 extension further enhances its appeal.

This attractive leased investment features brand new bathrooms, an open office layout, separately partitioned offices, sufficient sized board room, kitchenette facilities, and ample space for utilities. Shop 1 has 4 secure car spaces and Shop 2 has 7 secure car spaces and 11 visitor parking spaces, ensuring convenience for both tenants and customers. With strong potential for attractive returns and growth, supported by appealing incentives, this property is well-suited for commercial suites, specialised medical services, or unique retail ventures. Enjoy easy access to major transport routes and the convenience of being a short walk to train lines.

Key Property Highlights

-Shop 1 | 127sqm* with 4 car spaces
-Shop 2 | 210sqm* with 7 car spaces
-Zoning MU1 (Mixed Use)
-Opportunity for owner occupier
-Ample natural light throughout
-Leased investment (Steady income from a reputable tenant.)
-Features bathrooms in both office areas
-Dual entry from main foyer & rear of building with frontage to Bank Lane
-Established net income generating $140,000* + GST per annum
- Access to an adjoining undercover outdoor area of 48sqm included
-Tenant pays 100% outgoings

For further information or to arrange an inspection, please get in touch with the agent below:

Kamal Silwal | 0430 322 459
Director
Ray White Commercial

*Approximately

Property History for 1/79-87 Princes Hwy, Kogarah, NSW 2217

A timeline of how this property has performed in the market
Last Sold
$3,000,000
03 Sep 2025
Listed for Rent
16 Dec 2020
  • 03 Sep 2025
    Sold for $3,000,000
  • 03 Apr 2025
    Listed for Sale For Sale Contact Agent
  • 08 Nov 2023
    Listed for Sale SALE | CONTACT AGENT
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About Kogarah 2217

The size of Kogarah is approximately 2.7 square kilometres. It has 14 parks covering nearly 14.7% of total area. The population of Kogarah in 2016 was 15124 people. By 2021 the population was 16416 showing a population growth of 8.5% in the area during that time. The predominant age group in Kogarah is 30-39 years. Households in Kogarah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kogarah work in a professional occupation.In 2021, 48.40% of the homes in Kogarah were owner-occupied compared with 48.30% in 2016.

Kogarah has 10,528 properties. Over the last 5 years, Houses in Kogarah have seen a 60.09% increase in median value, while Units have seen a 17.83% increase. As at 30 November 2025:

  • The median value for Houses in Kogarah is $1,921,937 while the median value for Units is $742,224.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 34 properties listed for sale, and 44 properties listed for rent in Kogarah on OnTheHouse. According to Cotality's data, 460 properties were sold in the past 12 months in Kogarah.

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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.