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Laing+Simmons – Commercial South East

28 Ormonde Parade Hurstville, NSW 2220

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28 Ormonde Parade,
Hurstville, NSW 2220

Shops & Retail • Medical & Consulting • Development Sites & Land

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Laing+Simmons – Commercial South East
Michael Buium

Laing+Simmons – Commercial South East

Suite 10, Bay 5, 2 Locomotive St
EVELEIGH, NSW 2015
04083853...
Laing+Simmons – Commercial South East
28 Ormonde Parade
Hurstville, NSW 2220

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Map of 28 Ormonde Parade

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Rare Offering Tightly Held Freehold Retail/Development Offering

  • Freehold opportunity in Hurstville
  • Income and Development Upside
  • Invest, Occupy or Develop
Raine and Horne Commercial are pleased to offer for sale by Public Auction 28 Ormonde Parade, Hurstville.

The Location:

This freehold property is located in the heart of Hurstville's retail, commercial and civic precinct, opposite Hurstville station, bus interchange & Hurstville Central shopping mall.
Only moments to Westfield Hurstville and a world of food choices, excellent shopping as well as being part of a health hub - with private & public hospitals and medical services nearby, constant high pedestrian traffic flow, 30 mins to City, easy access to airport and major arterial roads.

The Property:

• Single level retail premises in a high exposure and sought after location with big potential to add value

• Building area of Approx 156 sqm with dual frontage to Ormonde Pde and Butlers Lane

• Zoned B4 Mixed Use

• Retail area, partitioned office plus meeting room/office

• Ducted zoned A/C, kitchenette, fully-tiled bathroom, huge storeroom

• Excellent frontage to Ormonde Parade.

• Secure lock-up garage via rear lane access

• Currently leased at $69,000 per annum plus GST offering immediate rental income

• Potential for mixed use redevelopment (STCA)

• High density Population of 134,000 with a vibrant multicultural demographic

• City centre is being revitalised with new Hurstville Place & Hurstville Plaza

• Buy in on the ground floor & capitalise on this fast-growing centre - known as Sydney's second Chinatown


Auction: Tuesday 21st June 2022, 10:30am at Auctionworks - 50 Margaret Street, Sydney

Michael Buium
0408 385 3...

Kamal Silwal
0430 322 459



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Additional information

Hurstville, 2220 demographic data

The median household income for Hurstville is $1,804, 13% lower than Greater Sydney's household income of $2,077. Hurstville has a younger age profile compared to the rest of Greater Sydney (median age 33 vs 37). Property ownership data shows 50% of property owners in Hurstville have a mortgage.

31,162
Population
$1,804 per week
Median household income
33 years
Median age
Owners
Most residents
Families
Most households
Laing+Simmons – Commercial South East
Suite 10, Bay 5, 2 Locomotive St
EVELEIGH, NSW 2015

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