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DESCRIPTION:Income-Producing Asset with Redevelopment Upside\nKnight Frank\
 , as exclusive agents\, are pleased to offer the opportunity to purchase 1
 02-104 Forest Road\, Hurstville.\n\nThis high profile corner position pres
 ents as a unique opportunity in an established metropolitan town centre\, 
 combing established holding income with long running tenant\, and future r
 edevelopment potential under the site's E1 Local Centre zoning.\n\nThe off
 ering is a 2\,566sqm* corner landholding with dual frontages to Forest Roa
 d and Wright Street\, at the eastern gateway to the Hurstville city centre
 .\n\nThe property is leased to South East Automotive Pty Ltd until 23 Febr
 uary 2030. It generates a gross passing income of $315\,219 per annum plus
  GST\, with annual CPI rent reviews subject to a 3% minimum.\n\nKey Highli
 ghts Include:\n\n- Contracted holding income of $315\,219 per annum + GST\
 , leased to South East Automotive Pty Ltd until February 2030\n- A substan
 tial 2\,566 sqm* freehold corner landholding with dual street frontages to
  Forest Road and Wright Street\n- E1 Local Centre zoning with an FSR of 1.
 5:1\, supporting a potential GFA of 3\,749sqm*\, subject to approval\n- An
 nual CPI rent reviews with a 3% minimum\, providing a growing income strea
 m through the remaining lease term\n- Strategic St George location\, c. 15
  kilometres* south-west of the Sydney CBD\, with access to the T4 Eastern 
 Suburbs & Illawarra Line from Hurstville Station\n- Close to St George Hos
 pital\, Kogarah\, the region's major tertiary hospital\, where the $411 mi
 llion Stage 3 redevelopment is nearing completion\n- Positioned on Forest 
 Road\, a vital commuter and commercial node entering the centre of Hurstvi
 lle\, providing strong exposure and access\n- Surrounded by major resident
 ial renewal\, with nearby Housing Delivery Authority projects including an
  approved 177-dwelling scheme at 1A Hill Street and 105 Forest Road and a 
 proposed 417-apartment scheme along Forest Road\n\nThe property is offered
  for sale via Expressions of Interest closing Thursday\, 03 December 2026 
 at 4.00pm (AEDT).\n\nFor more information or to arrange an inspection\, pl
 ease contact the exclusive selling agents.\n\n*Approximate
DTEND:20261203T160000
DTSTAMP:20261104T004404Z
DTSTART:20261203T160000
SEQUENCE:0
SUMMARY:Expression Of Interest: 102-104 Forest Road\, Hurstville NSW
UID:CRE-2021297914-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Income-Producing Asset with Redevelop
 ment Upside <br/> Knight Frank\, as exclusive agents\, are pleased to offe
 r the opportunity to purchase 102-104 Forest Road\, Hurstville. <br/>  <br
 /> This high profile corner position presents as a unique opportunity in a
 n established metropolitan town centre\, combing established holding incom
 e with long running tenant\, and future redevelopment potential under the 
 site's E1 Local Centre zoning. <br/>  <br/> The offering is a 2\,566sqm* c
 orner landholding with dual frontages to Forest Road and Wright Street\, a
 t the eastern gateway to the Hurstville city centre. <br/>  <br/> The prop
 erty is leased to South East Automotive Pty Ltd until 23 February 2030. It
  generates a gross passing income of $315\,219 per annum plus GST\, with a
 nnual CPI rent reviews subject to a 3% minimum. <br/>  <br/> Key Highlight
 s Include: <br/>  <br/> - Contracted holding income of $315\,219 per annum
  + GST\, leased to South East Automotive Pty Ltd until February 2030 <br/>
  - A substantial 2\,566 sqm* freehold corner landholding with dual street 
 frontages to Forest Road and Wright Street <br/> - E1 Local Centre zoning 
 with an FSR of 1.5:1\, supporting a potential GFA of 3\,749sqm*\, subject 
 to approval <br/> - Annual CPI rent reviews with a 3% minimum\, providing 
 a growing income stream through the remaining lease term <br/> - Strategic
  St George location\, c. 15 kilometres* south-west of the Sydney CBD\, wit
 h access to the T4 Eastern Suburbs & Illawarra Line from Hurstville Statio
 n <br/> - Close to St George Hospital\, Kogarah\, the region's major terti
 ary hospital\, where the $411 million Stage 3 redevelopment is nearing com
 pletion <br/> - Positioned on Forest Road\, a vital commuter and commercia
 l node entering the centre of Hurstville\, providing strong exposure and a
 ccess <br/> - Surrounded by major residential renewal\, with nearby Housin
 g Delivery Authority projects including an approved 177-dwelling scheme at
  1A Hill Street and 105 Forest Road and a proposed 417-apartment scheme al
 ong Forest Road <br/>  <br/> The property is offered for sale via Expressi
 ons of Interest closing Thursday\, 03 December 2026 at 4.00pm (AEDT). <br/
 >  <br/> For more information or to arrange an inspection\, please contact
  the exclusive selling agents. <br/>  <br/> *Approximate</P></body></html>
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