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2 Rose Street
Hurstville NSW 2220
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Sold on 8 Dec 2021

2 Rose Street Hurstville NSW 2220

  • Shop & Retail
  • 856 m²
  • Sold

SOLD: Rare Hurstville Freehold Investment with Development Upside

  • Strong income stream
  • Established tenancy profile
  • Residential dev upside with demo clauses

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.

Property Highlights

Date Sold8 Dec 2021
Floor Area856 m²
Land Area708 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017397241
Category
Last updated  9 Dec 2021
Map for 2 Rose Street Hurstville NSW 2220

Nearest transport* to 2 Rose Street Hurstville NSW 2220

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Property Highlights

Date Sold8 Dec 2021
Floor Area856 m²
Land Area708 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017397241
Category
Last updated  9 Dec 2021

Co-Agents

Yumi Cui
Yumi Cui
Knight Frank - Sydney
Call
+61 432 725 863
Dominic Ong
Knight Frank - Sydney
Call
+61 468 969 298

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