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Land/Development for Sale in Bexley
Fully Leased Investment - 4 tenancies with Development Upside on 1,265m²* Land
- Building: 615m²
- Land: 1,265m²
Next Steps:
Enquire with agentRay White Hurstville are pleased to offer for sale via Public Auction this fully leased investment with four (4) separate tenants prominently located on Forest Road, Bexley.
This is a rare opportunity to acquire 3 industrial warehouses and 2 residential flats set on spacious 1,265 m2* of land with future development upside with a zoning of "R3 Residential Density Residential".
Key Features include:
- Fully leased investment
- Total Gross annual rental $149,000*
- Prominent main road location
- Four (4) separate tenants including wedding and events company, tile company and two (2) residential flats
- Land Area: 1,265m2*
- Total Building Area: 615m2*
- Improvements consist of 3 x industrial warehouses and 2 residential flats
- Zoned R3 Medium Density Residential with possible future development (Subject to council approval)
- Floor Space Ratio (FSR): 0.7:1
- Height Limit: 8.5m
- Ample on site parking
- Ideal for astute investor or developer
- Conveniently located in close proximity to adjoining major suburbs of Hurstville, Kogarah and Rockdale
- Will be Sold!
*approx
Building:
615m²
Land:
1,265m² / 0.31 acres
Zone:
R3 Medium Density Residential
Tenancy:
Vacant
Categories:
Land/Development, Industrial/Warehouse
Next Steps:
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