169 Forest Road, Hurstville, NSW 2220 sold on 24 June 2026 | OnTheHouse
 
SOLD
Sold on 24 Jun 2026 for $3,200,000

169 Forest Road
Hurstville NSW 2220

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 169 Forest Rd, Hurstville

Building Type
Land
Local Government
Georges River
Lot/Plan
1/DP219375

Last Listing description (October 2024)

SUPER PRIME RETAIL - "BLUE CHIP TENANT" - FOR SALE VIA EOI

Super-Prime Retail Investment Opportunity !!!

Outstanding Two Storey Retail/Commercial Asset situated in the heart of Hurstville's bustling Town Centre.
Strategically located at only 300 metres from Hurstville Train Station ..they don't come much better than this one !

'169 Forest Road, Hurstville'

Fully Leased to H T Wills Real Estate, in existence since 1934.
10 Years Lease-Back (4years + 3 years + 3 years).
$165,000 PA Net (tenant pays all statutory outgoings).
Net Lettable Area 218 square metres approx.
Plus 6 open-air car spaces at the rear of building.
Land Area 245 square metres approx.
Situated directly opposite one of Westfields' main entry points.
Zoned MU1 - Georges River Council LEP 2021

Solid two-storey Retail/Commercial building in pristine condition. Superbly located in Hurstville's main retail strip, directly opposite one of Westfields' main entry points.

169 Forest Road was fully renovated only 10 years ago, and meticulously maintained ever since by the current long-term owners.as such, 169 Forest Road, Hurstville represents a superb, carefree investment opportunity with strong long-term potential for growth and outstanding redevelopment potential, in one of Sydney's major retail/commercial centres !

Hurstville, a suburb in Southern Sydney, is situated 16 km south of the Sydney CBD, is the Commercial/Retail hub of the St George District and the administrative centre of the Georges River Council local government.

Hurstville is a large, multi-ethnic suburb with a multitude of commercial buildings and high-rise residential buildings dominating the skyline. The commercial area is centred on the main street, Forest Road, on the northern side of Hurstville railway station.

Forest Road is the main shopping street which features branches of many retail shops as well as numerous banks (Commonwealth, ANZ, National Australia Bank, Westpac, St George, HSBC, Bank of China) and other financial institutions.

Outgoings:
Council Rates: $10,554 p.a.
Water Rates: $ 765 p.a.
Land Tax: $22,516 p.a.

Summary of Planning Controls:
Local Authority: Georges River Council
LEP: Georges River LEP 2021
Land Zoning: MU1 - Mixed Use

FOR SALE via EXPRESSIONS OF INTEREST
closing Thursday 25th April 2024 at 4:00pm

Inspect by Appointment Only
For further information or to discuss the opportunity in detail, please contact:

Gianni Pasini John Lim
Manager - Project Marketing Senior Associate - Projects
M: 0411 396833 M: 0469 968698
E: gianni@htwills.com.au E: johnlim@htwills.com.au

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Property History for 169 Forest Rd, Hurstville, NSW 2220

A timeline of how this property has performed in the market
Last Sold
$3,200,000
24 Jun 2026
  • 30 Jul 2024
    Listed for Sale FOR SALE BY EOI
  • 08 Apr 2024
    Listed for Sale FOR SALE BY EOI
  • 05 Aug 2015
    Listed for Rent - Price not available
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About Hurstville 2220

The size of Hurstville is approximately 4.1 square kilometres. There are 19 parks, covering nearly 4.6% of the total area. The population of Hurstville in 2016 was 29822 people. By 2021 the population was 31162 showing a population growth of 4.5% in the area during that time. The predominant age group in Hurstville is 20-29 years. Households in Hurstville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hurstville work in a professional occupation.In 2021, 49.10% of the homes in Hurstville were owner-occupied compared with 51.60% in 2016.

Hurstville has 16,527 properties. Over the last 5 years, Houses in Hurstville have seen a 10.04% increase in median value, while Units have seen a 10.32% increase. As at 31 July 2026:

  • The median value for Houses in Hurstville is $1,856,083 while the median value for Units is $759,912.
  • Houses have a median rent of $850 while Units have a median rent of $745.
There are currently 87 properties listed for sale, and 61 properties listed for rent in Hurstville on OnTheHouse. According to Cotality's data, 562 properties were sold in the past 12 months in Hurstville.

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