Positioned perfectly on the main thoroughfare of Hurstville CBD, just 200 meters from the train station, this impressive commercial terrace boasts a commanding presence with dual street frontage to Forest Road & Railway Lane, on a generous 284.4sqm site. With three highly exposed retail shopfronts plus first-floor commercial offices fully leased, this freehold presents a prime strategic opportunity to generate secure income whilst exploring development potential to unlock a bright and prosperous future. Invest in Hurstville's economic growth, as the health, shopping, education and business centre of South Sydney.
+ Commanding commercial terrace, dual street frontage on 284.4sqm land
+ 3 ground floor retail shopfronts, first floor commercial office, NLA 354sqm approx.,
+ Fully leased, net annual income $152K, last lease/option expiry May 2027
+ Rear access via Railway lane, loading area bathrooms & parking
+ Property is Zoned MU1 Mixed Use in Georges River Council LEP (2021)
+ Potential for commercial, residential, health or recreation complex (STCA)
+ Current FSR 3:1, Maximum Height 15 metres allows GFA of 853sqm
+ Further density and height potential offered via NSW State Government initiatives
+ Footsteps to Hurstville Railway Station, Post Office, 2 major shopping centres
+ Transport hub with City, Illawarra & South Coast rail lines & bus interchange
+ Shopping destination with boutiques, food shops & Westfield shopping centre
+ Close to major hospitals, health services, entertainment centre and TAFE
+ 16km south of Sydney CBD, convenient to airport and M5 & M8 motorway