416-418 Forest RoadBexley NSW 2207
Property Details for 416-418 Forest Rd, Bexley
Last Listing description (January 2023)
CPG are pleased to present to market for sale this incredibly well presented and recently renovated freehold retail and commercial investment with both current, and future development upside.
Located on the busy Forest Road, the property boasts immense exposure for a large retail tenancy (currently Bendigo Bank), whilst also having rear street frontage and access via Albyn Street, providing entry to another 6 commercial tenancies and a 3 bedroom residence combining to generate a substantial multiple tenancy rental income.
416-418 Forest Road is 100m* from Albyn Street Council carpark and is in the middle of Bexley town centre, which has recently had a substantial council upgrade to visually improve the area. A large number of new developments in the area and multiple large scale DA approvals for mixed use developments, highlighting the growth location that Bexley is becoming.
Features include:
- 429m* total land area (double block)
- 513m* building area
- Multi tenant rental income fully leased returning $138,716 pa. + GST
- Anchor tenant Bendigo Bank have recently exercised 3 year option commencing July 2022
- High exposure and dual street access/frontage
- B4: Mixed Use zoning
- 16m building height limit with 2:1 FSR
- Potential to develop additional 4 levels (STCA)
- Recent $200,000 renovation including modernised commercial suites and upgraded common kitchen facilities, amenities and faade
- Solar panels on roof
For further information on this opportunity please contact agents Ryan McMahon on 0429 228 460 or Damen Astey on 0431 817 616.
Open for inspection by private appointment
*Approximate
Property History for 416-418 Forest Rd, Bexley, NSW 2207
- 27 Jan 2022Listed for Sale Contact Agent
- 27 Oct 2017Listed for Sale Price Upon Application
- 12 Sep 2012Listed for Rent - Price not available
Recent sales nearby
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About Bexley 2207
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 8,340 properties. Over the last 5 years, Houses in Bexley have seen a 57.35% increase in median value, while Units have seen a 18.28% increase. As at 31 December 2025:
- The median value for Houses in Bexley is $1,857,838 while the median value for Units is $785,105.
- Houses have a median rent of $845 while Units have a median rent of $630.
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