Investment Opportunity Comprising 4 Shops & 3 Residential Flats Conveniently Located Metres to Westfield & Railway Station

Ray White Hurstville are pleased to present to the market this extremely rare opportunity to acquire a corner positioned Landmark building "Glenvale Court" in the thriving Southern Sydney suburb of Hurstville with great passing income and the opportunity to renovate and value add.

The property is prominently located at the intersection of Forest Road and Treacy Street, Hurstville, positioned directly opposite Council car park on Forest Road and another council car park on Treacy Street and conveniently located meters to Westfields, Hurstville CBD, Railway Station and major bus interchange.

Key Features include:
• Prime corner position in the heart of Hurstville CBD ensuring high visibility to both vehicular and pedestrian traffic
• Comprising four (4) ground floor retail shops plus three (3) first floor 2 bedroom flats
• Current gross annual rental $236,070* (1 vacant shop)
• Projected gross annual rental $266,070*
• Land Area 322.50 sqm*
• Prominent 16.79m* frontage to Forest Road
• Total Net Lettable Area (NLA) 430 sqm* over 2 levels
• Ground floor tenants include computer shop, pizza shop and kebab shop (with 2 new leases)
• Great opportunity to renovate and increase rental return
• Benefit of 2 surrounding council car parks providing parking for customers
• Zoned "MU1 Mixed Use" allowing a variety of retail uses
• Surrounding neighbouring businesses include HSBC, CBA, Meridian Hotel, Hurstville City Medical Centre, St Vincent De Paul, 4 Cyte Pathology
• Conveniently located minutes walk to Westfields, Hurstville Train Station and major bus interchange
• Rarely does such a great investment opportunity arise located in the heart of Hurstville CBD
• Will be Sold!
*Approx

Contact Chris Munk on 0419 442 620 to arrange an inspection

Inspections

Explore the area

School catchments

Hurstville Adventist School Primary K-6 Independent 0.51km
Hurstville Public School Primary K-6 Government 0.63km
Georges River College Hurstville Campus Secondary 7-10 Government 0.71km
Hurstville South Public School Primary K-6 Government 0.75km
St George Christian School Combined K-12 Independent 0.75km
Danebank - An Anglican School for Girls Combined K-12 Independent 0.79km
St Raphael's Catholic Primary School Primary K-6 Catholic 0.97km
Bethany College Secondary 7-12 Catholic 1.0km
Sydney Technical High School Secondary 7-12 Government 1.0km
St Mary's Star of the Sea Catholic Primary School Primary K-6 Catholic 1.0km
Marist Catholic College Penshurst - South Hurstville Campus Secondary Catholic 1.2km
Hurstville Grove Infants School Primary K-2 Government 1.5km
Blakehurst High School Secondary 7-12 Government 1.6km
Carlton Public School Primary K-6 Government 1.7km
Penshurst Public School Primary K-6 Government 1.7km
St Declan's Catholic Primary School Primary K-6 Catholic 1.7km
Georges River College Penshurst Campus Secondary 7-10 Government 1.8km
Connells Point Public School Primary K-6 Government 1.9km
Blakehurst Public School Primary K-6 Government 2.0km
Marist Catholic College Penshurst Secondary 7-12 Catholic 2.0km
Arkana College Primary K-6 Independent 2.1km
Mater Dei Catholic Primary School Primary K-6 Catholic 2.1km
Kingsgrove High School Secondary 7-12 Government 2.2km
Georges River College Oatley Senior Campus Secondary 11-12 Government 2.4km
Marist College Kogarah Secondary 7-12 Catholic 2.5km
Kogarah High School Secondary 6-12 Government 2.8km
St Ursula's College Secondary 7-12 Catholic 2.9km
James Cook Boys High School Secondary 7-12 Government 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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