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312 Forest Road
Hurstville NSW 2220
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Sold on 20 Mar 2024

312 Forest Road Hurstville NSW 2220

  • Shop & Retail
  • 187 m²
  • Sold

Investment Opportunity - New Five (5) Year Leases to Pharmacy and Beautician

    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

    Ray White Hurstville
    Ray White Hurstville
    3/182 Forest Road
    Hurstville, NSW 2220

    Property Highlights

    Date Sold20 Mar 2024
    Floor Area187 m²
    Land Area145 m²
    ParkingAsk Agent
    Property ID2019063794
    Category
    Last updated  20 Mar 2024
    Map for 312 Forest Road Hurstville NSW 2220

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    Ray White Hurstville
    Ray White Hurstville
    3/182 Forest Road
    Hurstville, NSW 2220

    Property Highlights

    Date Sold20 Mar 2024
    Floor Area187 m²
    Land Area145 m²
    ParkingAsk Agent
    Property ID2019063794
    Category
    Last updated  20 Mar 2024

    Listed by

    More about 312 Forest Road Hurstville NSW 2220

    312 Forest Road Hurstville NSW 2220 is categorized as Shop & Retail Property. It has a floor area of 187 m² and a land area of 145 m². The listing ID for this property is 2019063794.

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