288 Forest Rd Apartment Building $947,025 5% Cap Rate Bexley, NSW 2207

Positioned along Bexley’s main commercial strip, this free standing two storey freehold offers a rare blend of prominent street exposure, flexible accommodation and genuine dual income potential. The property combines a ready-to-trade shopfront with generous residential spaces, making it an appealing proposition for both owner occupiers and value driven investors.
On the ground floor, an attractive shopfront of approximately 28 sqm captures passing trade from the busy local retail strip, ideal for a boutique retailer, professional suite or consultancy seeking strong visibility. Behind the shopfront, the balance of the level is currently configured as an additional two bedroom residential area with bathroom and separate toilet, creating the option to maintain extra living space or reconfigure to expand the commercial footprint, subject to council approval.
The upper level provides a well scaled three bedroom residence, featuring an open plan gourmet kitchen with combined living and dining area, two modern bathrooms and a covered outdoor deck that delivers appealing indoor-outdoor amenity. This layout suits an owner operator looking to live above their business, or can be separately leased to unlock a second income stream. Rear lane access, a lock up garage and extra storage further enhance the practicality of the holding, while the location places occupants moments from local transport, schools, eateries and everyday amenities. With its flexible layout, multiple potential income streams and high visibility setting in one of southern Sydney’s established neighbourhoods, this asset presents a compelling opportunity to secure a versatile mixed-use freehold in Bexley.