



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
Email enquiry to Ray White - Hurstville
Property ID: 505127028
Original Property ID: 505127028