406 Forest Rd, Bexley is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 137m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Take advantage of this incredible investment opportunity in the heart of Bexley Shopping Precinct. Situated in a prime location, this mixed-use property boasts tremendous potential for redevelopment (STCA), also provide two stable income sources. Consist of a tastefully renovated 2 storey terrace home AND a high-traffic shopfront with excellent exposure, this outstanding opportunity should not be overlooked.
#1 Income source (2-bedroom terrace home)
Immerse yourself in luxury within this fully renovated two-storey terrace home. Adorned with ornate high ceilings and stunning timber floors throughout, it exudes elegance. The modern and stylish kitchen features a breakfast bench and pantry, with seamless access to a private courtyard, ideal for outdoor entertaining and barbecues. Upstairs, you'll find two generously sized bedrooms, a chic well-appointed bathroom, a study room, a laundry, and a bright and spacious separate living area. Additional highlights include an extra toilet and ample storage throughout.
#2 Income source (commercial shop)
This light-filled and inviting commercial space, currently leased as a nail salon, offers endless possibilities. With its prominent shop front, it is perfectly suited for an office or retail venture. The property enjoys heavy pedestrian and vehicle traffic, making it highly visible to potential customers. The shop area includes an office room, bathroom, and kitchenette. Conveniently situated near a large council car park and surrounded by a vibrant array of restaurants, cafes, and retail shops, this space ensures easy access for clientele.
The size of Bexley is approximately 4.3 square kilometres. It has 18 parks covering nearly 11.8% of total area. The population of Bexley in 2016 was 19733 people. By 2021 the population was 19646 showing a population decline of 0.4% in the area during that time. The predominant age group in Bexley is 30-39 years. Households in Bexley are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Bexley work in a professional occupation.In 2021, 71.20% of the homes in Bexley were owner-occupied compared with 70.50% in 2016.
Bexley has 8,347 properties. Over the last 5 years, Houses in Bexley have seen a 55.09% increase in median value, while Units have seen a 27.85% increase. As at 30 November 2025:
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