5 Blake StreetKogarah NSW 2217
Property Details for 5 Blake St, Kogarah
Last Listing description (February 2024)
Ray White Commercial on behalf of the Kogarah Clubhouse is pleased to present 5 Blake Street, Kogarah for sale via Private Treaty.
Outstanding opportunity for astute investors to capitalise on this leaseback offering situated just moments away from Kogarah Train Station. Currently occupied by Wesley Mission, prospective investors have the opportunity to secure 9 years of income.
The Property consists of a fully fitted commercial office on Level 1 with an exclusive ground floor lobby and ground floor parking offering additional income streams.
Additional highlights of the property are outlined below:
Total Building Area of 1,479sqm* across two levels
Net Lettable Area (NLA) of 788 sqm* on Level 1
Ground Floor Area of 691sqm* consisting of 13 Car Spaces and an Exclusive Lobby
Total annual net income of: $342,098 per annum*
Brand New 9 Year Lease to be Executed with the Purchaser
Quality fit out throughout with workstations, meeting rooms, kitchenettes and amenities
Moments from St George Hospital, Kogarah and Carlton Town Centres
For more information, please contact the below exclusive selling agents.
*Approx.
Property History for 5 Blake St, Kogarah, NSW 2217
- 02 Jul 2023Listed for Sale Expressions of Interest
- 07 Nov 2019Sold
- 25 Jun 2019Listed for Rent - Price not available
Recent sales nearby
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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 10,535 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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