2 Rose Street,
Hurstville, NSW 2220
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Sold on
Knight Frank - Sydney
Level 22 Angel Place, 123 Pitt StreetSYDNEY, NSW 2000
2 Rose Street
Hurstville, NSW 2220
Map of 2 Rose Street
SOLD: Rare Hurstville Freehold Investment with Development Upside
- Strong income stream
- Established tenancy profile
- Residential dev upside with demo clauses
Knight Frank, as exclusive selling agents, is delighted to present for sale 2 Rose Street, Hurstville – a rare freehold investment in Sydney’s second Chinatown. The opportunity features a two storey fully-tenanted commercial building, strategically placed in a commanding position at the entrance to Westfield Shopping Centre in Hurstville.
Key features of the property include:
- High profile commercial two storey freehold in Hurstville CBD
- Prominent corner landholding of 708.2 sqm* on the Hurstville retail strip, with gross building of 1,166 sqm*, directly adjacent to Westfield Shopping Centre
- 100% leased with an income of $324,575 + GST per annum*
- Securely leased to established and long-term tenants – specifically government & education tenancies
- 300m* to Hurstville Train Station and Hurstville Central Shopping Centre
- Future development upside with demolition clause and potential for a residential & commercial scheme (STCA)
*Approx.
Please contact agents for more information.
Key features of the property include:
- High profile commercial two storey freehold in Hurstville CBD
- Prominent corner landholding of 708.2 sqm* on the Hurstville retail strip, with gross building of 1,166 sqm*, directly adjacent to Westfield Shopping Centre
- 100% leased with an income of $324,575 + GST per annum*
- Securely leased to established and long-term tenants – specifically government & education tenancies
- 300m* to Hurstville Train Station and Hurstville Central Shopping Centre
- Future development upside with demolition clause and potential for a residential & commercial scheme (STCA)
*Approx.
Please contact agents for more information.
Hurstville, 2220 demographic data
31,162
Population
$1,804 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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