Rare Offering Tightly Held Freehold Retail/Development Offering
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 385 385
Kamal Silwal
0430 322 459
Remember to mention you found this property on CommercialReady
