1-5 Queen Victoria St Kogarah represents an excellent and rare opportunity to acquire a mixed commercial and residential freehold investment in a tightly held strip.The property comprises of a dual level building including 3 commercial shops and 3 x two bedroom terrace apartments with private backyards. Located on a corner position this much cherished family investment has been well maintained. Occupied with future development potential the property offers: -Combined rent Approx. $148,000 per annum gross with upside -Corner Position on approx. 588*sqm of Land, 15.85* metre frontage approx -Zoned B1 Neighbourhood Centre, Floor Space Ratio of 1:1 -Height limit of 13 Metres -Rear access with parking for 4 cars -3 Commercial (Currently used as 2 x retail shops) -3 x 2 Bedroom terrace style apartments with private backyards -Located Opposite Robertson Street Reserve and only 152 Meters to Kogarah train station Auction: On-Site - Saturday, 9th April at 2:45pm. Inspect: Thursday and Saturday 2:00pm - 2:45pm commencing Saturday the 19th of March 2022. Contact: John Castrisos 0412 675 224 or Eva Johnston on 0426 191 599. Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested parties should make & rely upon their own inquiries.