SOLD

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