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Roger Mickhail Property - Drummoyne

301-305 Forest Road Hurstville, NSW 2220

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301-305 Forest Road,
Hurstville, NSW 2220

Shops & Retail • Development Sites & Land

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Roger Mickhail Property - Drummoyne
Roger Mickhail
John Lagounaris

Roger Mickhail Property - Drummoyne

205 Lyons Road
DRUMMOYNE, NSW 2047
Roger Mickhail Property - Drummoyne
301-305 Forest Road
Hurstville, NSW 2220

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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

Property ID: 504566228Last Updated: 30 Oct 2024

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