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Overview
617-621 Forest Road
This commercial property is situated in an iconic location with E1 zoning classified as Local Centre, offering a prime opportunity for investors or owner-occupiers. The premises are centrally located with high exposure and are only a short distance from Hurstville's CBD, ensuring excellent accessibility and visibility.
The property comprises three shops spread across two lots, with a total land size of 611 square meters. Lot A measures 340 square meters, and Lot B covers 271 square meters. The combined street frontage totals 23.66 meters, providing significant exposure to passing traffic. The site enjoys a corner position with secondary street access, enhancing its accessibility and potential for various uses.
Development potential exists subject to council approval, making this an attractive prospect for future growth or redevelopment. The property benefits from main road exposure and is located in a high foot traffic area, which is advantageous for retail or commercial activities.
The zoning classification of E1 Local Centre allows for a wide range of permitted uses with consent, including amusement centres, bed and breakfast accommodation, boarding houses, centre-based child care facilities, commercial premises, community facilities, entertainment venues, function centres, group homes, home industries, hostels, hotel or motel accommodation, information and education facilities, local distribution premises, medical centres, oyster aquaculture, places of public worship, public administration buildings, indoor recreation facilities, respite day care centres, service stations, shop top housing, tank-based aquaculture, veterinary hospitals, and waste or resource transfer stations.
The property is currently tenanted, providing immediate income potential. The site is subject to a 13-meter height limit and a floor space ratio of 1:1, which may influence development possibilities.
Inspections are available by appointment only.
Disclaimer: All information provided has been obtained from sources believed to be reliable. However, no warranty or guarantee is given as to the accuracy or completeness of the information. Prospective purchasers should conduct their own investigations before making any decisions.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Bexley NSW 2207
Market Insights for Bexley NSW 2207
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