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Commercial Property Group - Southern Sydney

416-418 Forest Road Bexley, NSW 2207

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416-418 Forest Road,
Bexley, NSW 2207

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Commercial Property Group - Southern Sydney
Ryan McMahon
Damen Astey

Commercial Property Group - Southern Sydney

239 Rocky Point Rd
RAMSGATE, NSW 2217
Commercial Property Group - Southern Sydney
416-418 Forest Road
Bexley, NSW 2207

Map of 416-418 Forest Road

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  • Train stations within 5 km of 416-418 Forest Road, Bexley, NSW 2207Distance
    Rockdale Station958 m
    Banksia Station1.3 km
    Kogarah Station1.5 km
    Bexley North Station1.8 km
    Bardwell Park Station2 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 416-418 Forest Road, Bexley, NSW 2207Distance
    Dulwich Hill Light Rail4.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 416-418 Forest Road, Bexley, NSW 2207Distance
    Forest Rd Before Stoney Creek Rd15 m
    Forest Rd at Albyn St92 m
    Forest Rd Before Bexley Rd117 m
    Harrow Rd at Forest Rd136 m
    St George North Anglican Church, Dunmore St173 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased Freehold Retail Investment with Dual Street Access

CPG are pleased to present to market for sale this incredibly well presented and recently renovated freehold retail and commercial investment with both current, and future development upside.

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.

Features include:
- 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


*Approximate

Property ID: 503991843Last Updated: 13 Aug 2022

Commercial Property Group - Southern Sydney
239 Rocky Point Rd
RAMSGATE, NSW 2217
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