Expressions of interest
1-3 & 5 Kiora Road,
Miranda 2228, New South Wales
Price on Application
Generational Trophy Investment with Significant Future Upside
Generational Trophy Investment with Significant Future Upside
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.
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.
Inspections
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact William Gathercole
Contact William Gathercole
William Gathercole
1-3 & 5 Kiora Road, Miranda NSW 2228
Request a callback
William Gathercole
1-3 & 5 Kiora Road, Miranda NSW 2228