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1-3 and 5 Kiora Road, Miranda, NSW, 2228

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1-3 and 5 Kiora Road, Miranda, NSW, 2228

Miranda

1-3 and 5 Kiora Road, Miranda, NSW, 2228
Properties / Buy / New South Wales / Miranda
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
10,984 m² (*approx)
Floor Area
4432 m² (*approx)
Property Type
Industrial, Retail, Other
Est. Income
$839,234 p/a
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Generational Trophy Investment with Significant Future Upside
  • Combined site area of 10,984sqm*
  • Prominent corner position
  • 4,432 sqm* gross floor area

Ray White Commercial is pleased to present 1-3 & 5 Kiora Road, Miranda for sale via Expressions of Interest. The Properties are offered for sale in one line or individually.

Occupying a prominent 10,984sqm*of combined landholding at the intersection of Kiora Road and The Boulevarde, the Property is home to Tynan Motors - a Sutherland Shire institution with roots dating back to 1966 - currently trading from the site as Mercedes-Benz Miranda and Geely Miranda. Tynan Motors has occupied the site under the current lease since 2009, providing purchasers with secure holding income from a high-profile, long-standing tenant together with substantial underlying land value and long-term redevelopment potential.

The improvements comprise an established, dual-branded automotive dealership of approximately 4,432 sqm* gross floor area, including a curved-glazed Mercedes-Benz showroom addressing The Boulevarde, a separate Geely showroom on the Kiora Road and Kumbardang Avenue corner, a large vehicle workshop and service centre, parts and storage areas, offices, car wash facilities and extensive sealed parking, display and circulation areas.

Additional highlights of the property are outlined below:

• Combined site area of 10,984sqm* across two sites, offered in one line or individually

• 1-3 Kiora Road is currenting returning an annual net income of $839,234.45* p.a. + GST

• Existing dealership improvements of approximately 4,432sqm* GBA with existing use rights

• Leased to Tynan Motors until November 2029 with a further 1 x 5 year option and annual CPI increases (capped at 5%)

• Recent tenant investment in Geely branding and signage, approved by Sutherland Shire Council in January 2026

• 5 Kiora Road is currently licensed on a nominal fee

• Comprising a substantial 1,182sqm* landholding zoned for residential use

• Zoned R3 Medium Density Residential & R4 High Density Residential under the Sutherland Shire LEP 2015

• FSR 0.7:1 - 1.2:1 and height of building 9m - 16m, with potential uplift under the NSW Low and Mid-Rise Housing Policy given proximity to Miranda Station^

• Prominent corner position with frontages to Kiora Road, The Boulevarde and Kumbardang Avenue, offering exceptional exposure to passing traffic

• 300m* to Miranda Mall and 500m* to Westfield Miranda, Miranda Station as well as the Miranda town centre, with bus services along Kiora Road and The Boulevarde

The properties are offered for sale in one line or individually via Expressions of Interest closing on 2 December 2026 at 3pm.

For more information, please contact the selling agents.

*Approximately

^Subject to Council Approval

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

1-3 and 5 Kiora Road Investment Summary

Property Type
Industrial, Retail, Other
Est. Income
$839,234 p/a
Land Area
10,984 m² (*approx)
Floor Area
4432 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
2 Dec 2026 03:00PM
Selling Details
Contact Agent

Investment Highlights

Generational Trophy Investment with Significant Future Upside
  • Combined site area of 10,984sqm*
  • Prominent corner position
  • 4,432 sqm* gross floor area

Ray White Commercial is pleased to present 1-3 & 5 Kiora Road, Miranda for sale via Expressions of Interest. The Properties are offered for sale in one line or individually.

Occupying a prominent 10,984sqm*of combined landholding at the intersection of Kiora Road and The Boulevarde, the Property is home to Tynan Motors - a Sutherland Shire institution with roots dating back to 1966 - currently trading from the site as Mercedes-Benz Miranda and Geely Miranda. Tynan Motors has occupied the site under the current lease since 2009, providing purchasers with secure holding income from a high-profile, long-standing tenant together with substantial underlying land value and long-term redevelopment potential.

The improvements comprise an established, dual-branded automotive dealership of approximately 4,432 sqm* gross floor area, including a curved-glazed Mercedes-Benz showroom addressing The Boulevarde, a separate Geely showroom on the Kiora Road and Kumbardang Avenue corner, a large vehicle workshop and service centre, parts and storage areas, offices, car wash facilities and extensive sealed parking, display and circulation areas.

Additional highlights of the property are outlined below:

• Combined site area of 10,984sqm* across two sites, offered in one line or individually

• 1-3 Kiora Road is currenting returning an annual net income of $839,234.45* p.a. + GST

• Existing dealership improvements of approximately 4,432sqm* GBA with existing use rights

• Leased to Tynan Motors until November 2029 with a further 1 x 5 year option and annual CPI increases (capped at 5%)

• Recent tenant investment in Geely branding and signage, approved by Sutherland Shire Council in January 2026

• 5 Kiora Road is currently licensed on a nominal fee

• Comprising a substantial 1,182sqm* landholding zoned for residential use

• Zoned R3 Medium Density Residential & R4 High Density Residential under the Sutherland Shire LEP 2015

• FSR 0.7:1 - 1.2:1 and height of building 9m - 16m, with potential uplift under the NSW Low and Mid-Rise Housing Policy given proximity to Miranda Station^

• Prominent corner position with frontages to Kiora Road, The Boulevarde and Kumbardang Avenue, offering exceptional exposure to passing traffic

• 300m* to Miranda Mall and 500m* to Westfield Miranda, Miranda Station as well as the Miranda town centre, with bus services along Kiora Road and The Boulevarde

The properties are offered for sale in one line or individually via Expressions of Interest closing on 2 December 2026 at 3pm.

For more information, please contact the selling agents.

*Approximately

^Subject to Council Approval

Remember to mention you found this property on CommercialReady

Read More
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Property Location of 1-3 and 5 Kiora Road, Miranda, NSW, 2228

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Miranda Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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1-3 and 5 Kiora Road, Miranda, NSW, 2228 Miranda
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