Colliers, under instructions from the Commonwealth Bank of Australia, is excited to present 321-323 Kingsway, Caringbah, for sale via public auction. This exceptional property offers a rare opportunity to acquire a prime retail/commercial freehold building in the highly desirable Caringbah Centre. Formerly the home of the Commonwealth Bank of Australia branch for over 78 years, 321-323 Kingsway offers a prime front retail space with an open-plan layout and sliding glass doors opening directly onto Kingsway. The property also features office space on the lower ground level, complete with office/breakout facilities and amenities along, with secure lock-up parking spaces, accessible via the rear lane on Hays Avenue, connecting to the adjacent free council car park. The subject property is located on a well-proportioned block on the northeastern side of Kingsway, right at the doorstep of a prominent three-way intersection in the heart of Caringbah’s central business and retail precinct. Key features of the property include: - Total Site Area of 430.16m²* across 2 titles - Total Gross Lettable Area of 477.4m²* - Occupy, Develop or Invest - Secure lock-up garages and storage areas located at the rear of the property on Hay Avenue - Previously home to the Commonwealth Bank of Australia - Well located near Caringbah train station and linking to free council car parking - Positioned at one of the busiest intersections in Sutherland Shire, with up to 21,000* or more of passing traffic - Exceptional connectivity with Caringbah train station just a 1-minute walk away - Zoning allows for retail, office, medical/consulting, entertainment business, and more (STCA) - Development potential with a substantial (FSR) of 3:1, offering a potential 1,290.48m²* of GFA (STCA) - Occupy, Develop or Invest providing flexibility for immediate occupation or value-add initiatives *All figures are approximate. The subject property will be auctioned on Thursday, 3 July, 2025, from 10:30a.m. 30 Grosvenor Place, 225 George St, Sydney NSW 2000. To submit your interest or if you have any further queries, please contact the below exclusive agents: Edward McFarland - 0401 868 376 Harry Bui - 0418 477 888
Email enquiry to Colliers - Sydney South
Property ID: 504873324
Original Property ID: 504873324