Prime Retail Property in the Heart of Hurstville, Sydney | Long-Term Tenant | High Rental Growth | Ideal for Investment
A rare opportunity to acquire a large-format strata retail space in one of Sydney's most vibrant commercial districts. Located on busy Forest Road, this 243 sqm ground-level shop is currently leased to a well-established Asian supermarket. With strong rental returns, fixed annual increases, and a secure lease structure, this property is ideal for investors seeking stability, scale, and long-term upside.
Property Overview:
Floor Area: 243 sqm (Strata Title)
Zoning: MU1 Mixed Use
Current Income:
Strong Annual Rental Income, around $220,000 per year of rental incomer.
Fixed Annual Increase of 3%
Outgoings: 100% paid by tenant (Council rates + Strata levies)
Lease Expiry: 5-year option to renew
Property Overview:
Fully tenanted to a popular Asian supermarket with strong local customer base
Excellent shopfront exposure along Forest Road, high foot and vehicle traffic
Modern commercial building with wide frontage and access
Surrounded by dense residential developments, offices, schools, and transport
Investment Highlights:
Secure and Growing Returns
High annual income with fixed increases
Long-term tenant with solid business presence
Exceptional Location:
Forest Road frontage in the heart of Hurstville CBD
Walking distance to train station, Westfield, and major residential towers
Low Maintenance Investment:
Tenant pays 100% of council and strata outgoings
Strong net yield with minimal landlord responsibilities
Rare Size and Flexibility:
243 sqm floor area rarely available in strata retail
MU1 zoning
Property ID: S-31