312 Forest Road Hurstville, NSW 2220

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