CBRE is pleased to offer 5-7 Woids Avenue, Hurstville (the "Property") for sale. The property represents a superb investment opportunity with strata subdivision potential and redevelopment potential.
Key attributes of the Property include:
Well maintained block of units, consists of six units and one townhouse offered for the first time in 36 years;
Significant redevelopment potential for apartments or townhouses (STCA) on a rectangular land parcel of 885sqm*;
Estimated fully leased income of over $160k* per annum - substantial rent reversion opportunity post COVID-19;
750m* to Hurstville Train Station;
850m* to Hurstville Bus Interchange Hub;
500m* to Westfield Hurstville Shopping Mall and Hurstville town centre - one of the largest retail precinct in South Sydney; and
Strong rental demand - one of the most popular rental markets in Sydney amongst Asian communities.
The site will be sold via an Auction held on site on Friday 14th May 2021 at 11am (AEST)
For more information, please do not hesitate to contact the following exclusive agents.