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.