301-305 Forest Road, Hurstville

Retail

STRATEGIC CITY CENTRE INVESTMENT, UNLIMITED POTENTIAL
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

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