A unique opportunity to purchase 16 commercial spaces in the heart of Bexley. Located near the intersection of Forest Road and Stoney Creek Road this rare offering represents a excellent opportunity for long term investors or developers.
Being offered for the first time in 29 years this is one to not be missed.
The Bexley Arcade offers 16 individual spaces enjoying a high exposure setting with flexibility for a variety of uses.
- Zoned B4 mixed use commercial/residential
- 16m height 2:1 FSR
- Rental Return $82,000 (currently under rented)
- Potential for residential accommodation (STCA)
- Site Area 322.8sqm approx.
- Two Street Frontage
|R&H Suburb Summary||Houses|
|Number of sales||93|
|Median Rental Price||$650 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||94|
|Median Rental Price||$480 p.w.|
|Change in Rental Rate (5yr)||7 %|