242 Forest RoadHurstville NSW 2220
Property Details for 242 Forest Rd, Hurstville
Last Listing description (November 2021)
THREE-LEVEL FREESTANDER IN THE CENTRE OF TOWN!
Gunning Real Estate is pleased to present for sale via Public Auction this prominent freestanding building in the heart of the retail hub at Hurstville.This trophy investment is currently occupied by one tenant being the international dessert chain "BlackBall".
The property boasts a fantastic Forest Road retail position being circa 50 metres (six doors up) from the entrance to Westfield Hurstville and circa 120 metres to Hurstville Central Shopping Centre & Hurstville Train Station. The property is also supported by other strong surrounding infrastructure and great surrounding amenities such as two private hospitals, an upcoming hotel,prominent office buildings, good schools, cafes and restaurants, all aiding in the strong customer foot traffic.
KEY FEATURES:
- Building area: 288sqm*
(Ground Floor 120sqm* + 1st Floor 115sqm* + Basement 53sqm*)
- Tenanted until March 2023 with two 3-year options to renew
(Rent & tenancy details available from the agents upon request)
- Strong foot traffic area with excellent signage exposure
- Future development upside (Subject to Council Approval)
- Close proximity to Westfield entrance & Hurstville train station
- Rear lane access for parking & deliveries
* Approximately
AUCTION DETAILS
Date: Thursday, 25 November 2021
Time: 1:30 pm
Where: Level 8, Suite 181/10 Park Road, Hurstville
For more information or to inspect the property, please contact our Hurstville office on 02 9698 0222 or our agents:
William Wu
M: 0450 250 123
E: williamw@gunningre.com.au
Wechat: will1014u
James McKenny
M: 0423 048 814
E: jamesm@gunningre.com.au
William Gunning
M: 0413 610 194
E: williamg@gunningre.com.au
Property History for 242 Forest Rd, Hurstville, NSW 2220
- 25 Nov 2021Sold - Price Undisclosed
- 28 Oct 2021Listed for Sale Auction on 25/11/21
- 09 Nov 2015Listed for Rent - Price not available
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0About 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 16,501 properties. Over the last 5 years, Houses in Hurstville have seen a 13.69% increase in median value, while Units have seen a 11.89% increase. As at 30 June 2026:
- The median value for Houses in Hurstville is $1,912,092 while the median value for Units is $763,412.
- Houses have a median rent of $850 while Units have a median rent of $730.
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