416-418 Forest Road,
Bexley, NSW 2207
Key property information
Map of 416-418 Forest Road
Train stations within 5 km of 416-418 Forest Road, Bexley, NSW 2207 Distance Rockdale Station 958 m Banksia Station 1.3 km Kogarah Station 1.5 km Bexley North Station 1.8 km Bardwell Park Station 2 kmPOWERED BY HERE © Tram stops within 5 km of 416-418 Forest Road, Bexley, NSW 2207 Distance Dulwich Hill Light Rail 4.6 kmPOWERED BY HERE © Bus stops within 5 km of 416-418 Forest Road, Bexley, NSW 2207 Distance Forest Rd Before Stoney Creek Rd 15 m Forest Rd at Albyn St 92 m Forest Rd Before Bexley Rd 117 m Harrow Rd at Forest Rd 136 m St George North Anglican Church, Dunmore St 173 mPOWERED BY HERE ©
Fully Leased Freehold Retail Investment with Dual Street Access
Located on the busy Forest Road, the property boasts immense exposure for a large retail tenancy (currently Bendigo Bank), whilst also having rear street frontage and access via Albyn Street, providing entry to another 6 commercial tenancies and a 3 bedroom residence combining to generate a substantial multiple tenancy rental income.
416-418 Forest Road is 100m* from Albyn Street Council carpark and is in the middle of Bexley town centre, which has recently had a substantial council upgrade to visually improve the area. A large number of new developments in the area and multiple large scale DA approvals for mixed use developments, highlighting the growth location that Bexley is becoming.
- 429m²* total land area (double block)
- 513m²* building area
- Multi tenant rental income fully leased returning $138,716 pa. + GST
- Anchor tenant Bendigo Bank have recently exercised 3 year option commencing July 2022
- High exposure and dual street access/frontage
- B4: Mixed Use zoning
- 16m building height limit with 2:1 FSR
- Potential to develop additional 4 levels (STCA)
- Recent $200,000 renovation including modernised commercial suites and upgraded common kitchen facilities, amenities and façade
- Solar panels on roof
For further information on this opportunity please contact agents Ryan McMahon on 0429 228 4... or Damen Astey on 0431 817 6....
Open for inspection by private appointment
Property ID: 503991843Last Updated: 13 Aug 2022