Contact the agent if you'd like further information.
Enquire with Agent
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:
Ray 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:
Share:
Contact
Agents
- Loading...