2 Woodville Street, Hurstville, NSW 2220

Offices | Development/Land | Other

Sold Contact Agent

Sold

  • Property ID: 412398
  • Floor Area: 1080m²
  • Land Area: 656m²
  • NBN Availability: Service Available - Hybrid Fibre Coaxial (HFC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 05/10/2023 1080m2 656m2 Contact Agent
ENTIRE COMMERCIAL BUILDING – HURSTVILLE CBD

CPG is pleased to present 2 Woodville Street, Hurstville to the market for sale via expressions of interest, offered to market for the first time in 30 years as a rare opportunity to secure a 3 level freehold commercial building with basement parking for 17 vehicles in Hurstville CBD.

Situated on 656m²* of land with existing retail and commercial spaces totalling 1,080m²* positioned in the centre of Hurstville CBD moments from Westfield’s, Hurstville Train Station, Bus Interchange and all other major Hurstville amenities and retail to provide the ideal business headquarters for owner occupiers OR opportunity for investors seeking prime positioned commercial buildings with upside.

Further, 2 Woodville Street has a flexible B4 mixed use zoning, Floor Space Ratio of 3:1 and 19m building height – providing development upside and scope to improve the existing building (STCA).

Features include:
- 656m²* land area
- 1,080m²* building area over 3 levels
- B4 mixed use zoning
- 3:1 FSR (potential GFA of 1,968m²*)
- Open plan office floorplates, both levels having new carpet and painted walls
- Partially leased with current income of $72,631 pa + GST
- 894m²* office space currently vacant over 2 levels, to provide potential additional income of $312,900 pa + GST
- Option to sub divide office floorplates
- Brand new lift
- Basement with 17 parking spaces

For more information on this exciting offering, please don't hesitate to contact:

Damen Astey 0431 817 616
Ryan McMahon 0429 228 460
Hayden Bennett 0477 665 455

Open for Inspections:
Thursdays 1:00pm-1:30pm
19th & 26th May 2022 and 2nd & 9th June 2022

Expressions of Interest:
Closing 17th June 2022 at 4:00pm

*Approximate

Hurstville Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $88 ---
Retail $5230 $486 9.28%
Offices $5497 $430 7.82%
This is the average advertised price, rent and yield for Hurstville, NSW 2220*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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