



Knight Frank, as exclusive agents, are pleased to offer the opportunity to purchase 102-104 Forest Road, Hurstville. This high profile corner position presents as a unique opportunity in an established metropolitan town centre, combing established holding income with long running tenant, and future redevelopment potential under the site’s E1 Local Centre zoning. The offering is a 2,566sqm* corner landholding with dual frontages to Forest Road and Wright Street, at the eastern gateway to the Hurstville city centre. The property is leased to South East Automotive Pty Ltd until 23 February 2030. It generates a gross passing income of $315,219 per annum plus GST, with annual CPI rent reviews subject to a 3% minimum. Key Highlights Include: - Contracted holding income of $315,219 per annum + GST, leased to South East Automotive Pty Ltd until February 2030 - A substantial 2,566 sqm* freehold corner landholding with dual street frontages to Forest Road and Wright Street - E1 Local Centre zoning with an FSR of 1.5:1, supporting a potential GFA of 3,749sqm*, subject to approval - Annual CPI rent reviews with a 3% minimum, providing a growing income stream through the remaining lease term - Strategic St George location, c. 15 kilometres* south-west of the Sydney CBD, with access to the T4 Eastern Suburbs & Illawarra Line from Hurstville Station - Close to St George Hospital, Kogarah, the region’s major tertiary hospital, where the $411 million Stage 3 redevelopment is nearing completion - Positioned on Forest Road, a vital commuter and commercial node entering the centre of Hurstville, providing strong exposure and access - Surrounded by major residential renewal, with nearby Housing Delivery Authority projects including an approved 177-dwelling scheme at 1A Hill Street and 105 Forest Road and a proposed 417-apartment scheme along Forest Road The property is offered for sale via Expressions of Interest closing Thursday, 03 December 2026 at 4.00pm (AEDT). For more information or to arrange an inspection, please contact the exclusive selling agents. *Approximate
Knight Frank - South Sydney
Suite 12Ga, Graphix Row, 160 Bourke Road, Alexandria, NSW
Property ID: 505272004
Original Property ID: 505272004