Share this property

1044 Forest Road Lugarno, NSW 2210

Directions

1044 Forest Road,
Lugarno, NSW 2210

Other

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of 1044 Forest Road

Directions
  • 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
    POWERED BY HERE ©
  • 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
    POWERED BY HERE ©
POWERED BY HERE ©

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

04153716...
realcommercial.com.au logo
1044 Forest Road
Lugarno, NSW 2210
Stanton Hillier Parker - Sydney
Level 18, 9 Castlereagh Street
SYDNEY, NSW 2000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.