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455 Kingsway Miranda

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Landmark Sydney Metro Service Station with Major Intersection Exposure

Laing and Simmons in Conjunction with Ray White have the pleasure in offering this landmark Sydney Metro Woolworth Service Station and Mechanical Workshop.
Well located on a busy intersection of Kingsway and Port Hacking Road in a rapidly expanding residential and commercial precinct and is within every convenience that you can imagine, only moments to Westfield Miranda, excellent schools and public transport.

Renewed Five (5) year lease to Woolworth Limited to 2022 with options to 2032
Lease to Mechanical Workshop Three (3) x Three (3) years
Corner allotment of 1410 Sqm (approx.)
Current rent - $454,000 per annum
New pumps, large canopy and store
The workshop has basement parking and storage
DA approval for an apartment to be built over the workshop taking in City views.
Strategically positioned at a major intersection with exposure to 40,000 passing daily
Woolworth petrol: Network of over 600 petrol stations across Australia with Sales of $4.6 billion (2015/16)

Landmark Sydney Metro Service Station with Major Intersection Exposure

Laing and Simmons in Conjunction with Ray White have the pleasure in offering this landmark Sydney Metro Woolworth Service Station and Mechanical Workshop.
Well located on a busy intersection of Kingsway and Port Hacking Road in a rapidly expanding residential and commercial precinct and is within every convenience that you can imagine, only moments to Westfield Miranda, excellent schools and public transport.

Renewed Five (5) year lease to Woolworth Limited to 2022 with options to 2032
Lease to Mechanical Workshop Three (3) x Three (3) years
Corner allotment of 1410 Sqm (approx.)
Current rent - $454,000 per annum
New pumps, large canopy and store
The workshop has basement parking and storage
DA approval for an apartment to be built over the workshop taking in City views.
Strategically positioned at a major intersection with exposure to 40,000 passing daily
Woolworth petrol: Network of over 600 petrol stations across Australia with Sales of $4.6 billion (2015/16)

AUCTION Tuesday 14th November

Development

Office & Agent

Laing+Simmons Randwick
02 8188 1111
Alex Udler
0419 919 100
Property ID
0000326116

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