33 Phillips RoadKogarah NSW 2217
Property Details for 33 Phillips Rd, Kogarah
Last Listing description (October 2023)
CPG are pleased to present for sale via Expressions of Interest a rare opportunity in the highly sought-after Kogarah industrial district to secure a versatile freehold premises with a total land area of 974m* and approximately 622m* in building area.
This industrial/manufacturing warehouse boasts a freehold title and an enviable corner position directly opposite Scarborough Park, offering exceptional exposure and branding opportunities and is currently separated into 5 separate warehouses, a strategic asset for a range of uses from mechanical and manufacturing, to warehousing and storage while also being suitable as a multi tenanted industrial investment with significant rental and development upside.
Features Include:
- 974m* total land area with approx. 622m* in total building area.
- Prime location only short distance to Kogarah CBD, M5 & M8, Princes Highway and Taren Point Bridge.
- Currently part owner occupied and part leased, potential to negotiate favourable leaseback terms and increase current rents
- Potential for 5 separate rental incomes (5 separate warehouse units)
- Significant rental and development upside in a highly sought after location
- Pleasant outlook to Scarborough Park.
- An ideal property for owner occupiers seeking a standard industrial property for manufacturing and heavier uses while also being suitable for storage and mechanical.
- Ideal for investors seeking a freehold investment in the low-risk industrial category, with the ability to lease the premises to multiple different tenants.
- Development upside with potential to either demolish and re-do brand new purpose-built industrial facility or multiple separate modern warehouse units facing Scarborough park (STCA), OR provide refurbishment to existing buildings and increase rental income
- Proximity to all major hubs within moments being Kogarah CBD, Private and Public Hospitals, Brighton-Le-Sands, Princes Highway, M8 Stage 1, M5 along with Port Botany and Sydney Airport.
Kogarah's industrial precinct is arguably one of the most convenient business precincts in Southern Sydney located almost directly in the middle between Sutherland Shire and Sydney CBD & Botany. Opportunities to secure freehold industrial properties within the greater Sydney region as a whole are few and far between, let alone in such a prime position.
This property is being offered for sale by way of Expressions of Interest closing 5pm (AEDT) Thursday, 9th November 2023.
OPEN FOR INSPECTION:
By Private Appointment
For further information, please contact the exclusive selling agents:
Greg Carr
0477 880 576
Ryan McMahon
0429 228 460
*Approximate
Property History for 33 Phillips Rd, Kogarah, NSW 2217
- 04 Oct 2023Listed for Sale EOI Closing 9th November 2023
- 03 May 2005Sold for $1,000,000
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0About 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 10,536 properties. Over the last 5 years, Houses in Kogarah have seen a 61.45% increase in median value, while Units have seen a 17.97% increase. As at 31 December 2025:
- The median value for Houses in Kogarah is $1,943,844 while the median value for Units is $748,405.
- Houses have a median rent of $700 while Units have a median rent of $678.
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