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410 Forest Rd 3,132 SF Retail Building Hurstville, NSW 2220 For Sale
Investment Highlights
- Brand new ten (10) year lease to Viva Energy Australia Pty Ltd (Shell).
- Tenant completed a full refurbishment of the property in 2025.
- Strong population growth driven by high-density residential development.
- Secure income to March 2036, plus a ten (10) year option extending to 2046.
- Prominent two-street frontage to Forest Road and Gloucester Road.
Executive Summary
JLL Metropolitan Sales & Investments NSW, as the exclusive selling agents are proud to present 410 Forest Road, Hurstville, for sale by public auction at AuctionWorks, starting from 10:30 am Tuesday, 31st March 2026.
The property, operating as Shell OTR Hurstville, is a premium, long WALE service station investment situated within a high-growth area, prominently positioned on a major arterial road.
Anchored by a Viva Energy Australia Pty Ltd (trading as Shell)¹, the investment is enhanced by a triple net lease structure whereby the tenant pays all outgoings including land tax, along with annual CPI rent increases (min 3%, max 6%) delivering an attractive, low risk opportunity to sophisticated investors seeking stable returns.
Furthermore, the asset offers substantial future development potential (STCA), the site is zoned MU1 - Mixed use, permitting a structure up to 23m (7 storeys*) (STCA), underpinned by a unique lease condition that requires the land to be remediated to the highest and best use standard upon lease expiry.
410 Forest Road, Hurstville is being offered for sale by Public Auction at AuctionWorks starting from 10:30am Tuesday, 31st March 2026. All parties interested in registering to bid or seeking further information are encouraged to contact the exclusive selling agents.
The property, operating as Shell OTR Hurstville, is a premium, long WALE service station investment situated within a high-growth area, prominently positioned on a major arterial road.
Anchored by a Viva Energy Australia Pty Ltd (trading as Shell)¹, the investment is enhanced by a triple net lease structure whereby the tenant pays all outgoings including land tax, along with annual CPI rent increases (min 3%, max 6%) delivering an attractive, low risk opportunity to sophisticated investors seeking stable returns.
Furthermore, the asset offers substantial future development potential (STCA), the site is zoned MU1 - Mixed use, permitting a structure up to 23m (7 storeys*) (STCA), underpinned by a unique lease condition that requires the land to be remediated to the highest and best use standard upon lease expiry.
410 Forest Road, Hurstville is being offered for sale by Public Auction at AuctionWorks starting from 10:30am Tuesday, 31st March 2026. All parties interested in registering to bid or seeking further information are encouraged to contact the exclusive selling agents.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,132 SF
Building Class
C
NOI
$330,781 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.54 AC
Parking
10 Spaces (0.38 Spaces per 1,000 SF Leased)
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410 Forest Rd
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