FREESTANDING RETAIL & COMMERCIAL BUILDING

SOLD

172 Forest Road

Hurstville NSW 2220

Retail

FOR SALE

600m2

AAA + INVESTMENT

• A substantial freestanding three (3) storey retail and commercial building, in the heart of Hurstville CBD.

• Prominent position on Forest Road retail strip, (wide 11 metre frontage) with rear access from Humphreys Lane.

• Construction is of concrete floors, cavity brick walls, metal roof, air-conditioned, in an excellent state of repair.

• The tenancies comprise ground floor shop, and three (3) upper level commercial tenancies.

• Secure basement car parking and storage for approximately 6 cars or more in a stack configuration, accessed from the rear lane.

• Net lettable area is approximately 610 square metres, floor areas are approximately 1150 square metres over three (3) levels.

• Gross annual income - $158,000 fully leased.

• 172 Forest Road is located in an area where there is substantial planned or commenced construction, purchasers should optimistically look forward to strong capital growth and rental demand.

For further information or to arrange an inspection, please contact:

Malcolm Gunning
P: 02 9586 3000
M: 0413 872 422
E: mg@gunningcommercial.com