429 Forest Road, Bexley, New South Wales, 2207

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Sold

Sold for $1,080,000 (Mar 28, 2018)

Invest or occupy- Shop and residence

Prominently located in the heart of Bexley shopping centre is this freestanding shop and residence with rear lane access.

Ground floor retail shop has great external signage and prominent window display. Also modern internal fit out and polished timber floors with rear access via lane way. Currently leased for $2,359.50 per month.

Separate first floor residence is currently leased for $390 per week and is spacious and features 2 – 3 bedrooms, bathroom and kitchen, enclosed sun room off main bedroom and is freshly painted thoughout. The residence contains many original features including timber floor boards, high ornate ceilings, picture ceilings, timber architraves.

Other features include:

• Zoned “B4 Mixed Use” with possible development potential (Subject To Council Approval)

• Land area 142m2 (approx)

• Floor space ratio at 2:1

• Current height limit up to 3 levels (Subject To Council Approval)

• Perfect for astute investor or part owner occupier

• Conveniently located close to council car park with direct bus services to Rockdale Railway Station

Co Agent:

Danas Property

Ari Danas – 0411 359 999

Property Info:

  • Property ID: 18691257
  • Property Type: House
  • Building / Floor Area: 100 sqm
  • Garages: 1

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R&H Suburb Profile: Bexley

R&H Suburb Summary Houses
Number of sales 93
Average Price $1,010,639
Median Price $990,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 94
Average Price $637,135
Median Price $670,000
Median Rental Price $480 p.w.
Change in Rental Rate (5yr) 7 %
Bexley, NSW - Median Trend
  • 429 Forest Road, Bexley,
    New South Wales, 2207