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1044 Forest Road Lugarno, NSW 2210


1044 Forest Road,
Lugarno, NSW 2210


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Map of 1044 Forest Road

  • Train stations within 5 km of 1044 Forest Road, Lugarno, NSW 2210Distance
    Riverwood Station3 km
    Oatley Station3 km
    Padstow Station3.2 km
    Mortdale Station3.2 km
    Como Station3.6 km
  • Bus stops within 5 km of 1044 Forest Road, Lugarno, NSW 2210Distance
    Forest Rd at Blackbutt Av56 m
    Forest Rd Opp Blackbutt Av91 m
    Lugarno Shops, Forest Rd198 m
    Forest Rd Opp Lugarno Shops242 m
    Forest Rd Opp Valentia Av249 m

Exceptional Investment Opportunity | BP service station + Workshop and Upside

  • DA approval for an additional 119sqm
  • R2 Low Density Residential
  • High profile corner position
On behalf of our valued client, Stanton Hillier Parker Sydney is proud to present an exceptional investment opportunity to the market for sale, located at 1044 Forest Road, Lugarno, via private treaty.

This is an exceptional opportunity to purchase a rare essential services investment in Lugarno in Sydney's St Georges LGA. This well-established property produces multiple strong and consistent income streams with 5% and 3% fixed rental increases per annum. Both the BP Service Station and Mechanical Workshop tenancies have new 5 and 3 year leases in place with options. The property is ideally located on a high profile corner of Forest Road, Lugarno.

Corner position with strong underlying R2-Low Density Residential zoning permits. A number of significant development opportunities exist including a recent development application approval to add an additional 119 sqm warehouse to the rear of the property with private access from Blackbutt Avenue.

Property Features

• DA approval to add an additional 119sqm warehouse
• Two separate income streams, established BP Petrol Station and Mechanical Workshop
• Combined net income $407,345.00 per annum plus GST (approx.)
• BP leased to May 2027 + 5 year option (until May 2032)
• Mechanical Workshop leased to March 2024 + 3 x 3 year options
• Land: 1,309sqm, zoned: R2 Low Density Residential
• High profile corner position

For further information or to arrange an inspection, please contact the listing agent.

Property ID: 503934318Last Updated: 20 Jan 2022

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1044 Forest Road
Lugarno, NSW 2210
Stanton Hillier Parker - Sydney
Level 18, 9 Castlereagh Street
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