Ray White Hurstville is pleased to present to the market via Public Auction this prominent freestanding commercial building located in the heart of Hurstville retail precinct.
The property is a fantastic investment opportunity conveniently located meters to both Hurstville railway station and Westfield.
Key features include:
· Great investment opportunity
· New five (5) year lease to both tenants
· Ground floor leased to Pharmacy
· First floor leased to Hurstville Health and Beauty Clinic
· Total gross annual rental $116,917.00 (Exc GST) approximately
· Attractive annual reviews
· Strong pedestrian traffic with excellent external signage
· Land area 145.40 sqm (approx)
· Total netable area 187 sqm (approx)
· Zone "E2 Commercial Centre"
· Floor space ratio (FSR) 3:1
· Height limit - 15 metres and 23 metres
· Investors and developers can benefit from strong income stream from existing tenants with upside for future development potential (subject to council approval)
· Conveniently located metres to pedestrian entrance to Hurstville railway station and metres to Hurstville bus interchange
· Will be sold!
AUCTION: Tuesday 26 March 2024, 6:00 PM Cronulla RSL Club | 38 Gerrale Street, Cronulla NSW 2230