707 Forest Rd 6,620 SF 100% Leased Flex Building Bexley, NSW 2207 For Sale

This property presents a rare chance to secure a fully leased investment comprising three industrial warehouses and two residential flats on a significant 1,265 m² parcel. Positioned prominently along Forest Road in Bexley, it benefits from strong connectivity to surrounding economic hubs like Hurstville, Kogarah, and Rockdale. The site currently generates a gross annual rental income of approximately $149,000 across four separate tenancies, including commercial and residential uses. Improvements include 615 m² of building area and ample on-site parking.
With R3 Medium Density Residential zoning, a floor space ratio of 0.7:1, and an 8.5-meter height limit, the site offers compelling development upside subject to council approval. The property also holds strategic importance as it sits along a major arterial route, providing strong visibility and access, making it ideal for investors and developers seeking medium-term growth through redevelopment opportunities or ongoing income generation.