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48-50 Connells Point Rd 6,060 SF 100% Leased Retail Building South Hurstville, NSW 2221 For Sale



Investment Highlights
- Freehold mixed-use building delivering secure income from three leased ground-floor shops
- Substantial first-floor space primed for refurbishment or redevelopment subject to council approval
- Flexible future use options including office, education, fitness, or residential conversion
- Current annual gross passing income of $130,335 plus GST offers immediate investment return
- Highly visible, well-located property within a vibrant retail strip near Hurstville CBD amenities
- Potential to unlock significant value through repositioning, attracting a broad range of occupiers
Executive Summary
This rare freehold mixed-use property in the heart of South Hurstville combines secure income with outstanding value-add potential. The asset comprises three fully leased ground-floor retail shops—occupied by a Newsagency, a Restaurant, and a Massage shop—providing diversified rental streams for investors. Above, a substantial first-floor space offers an exceptional blank canvas ready for repositioning or refurbishment (S.T.C.A.), creating further upside for developers or owner-occupiers.
Strategically situated within a busy neighborhood retail strip, the property benefits from strong exposure and foot traffic while enjoying proximity to Hurstville’s major commercial hub. Hurstville CBD, located just minutes away, offers extensive amenity including Westfield Shopping Centre, Hurstville Central, multiple hospitals, major banks, and public transport via Hurstville Train Station. This connectivity amplifies future redevelopment possibilities such as office space, lifestyle and fitness studios, education, consulting suites, or even residential conversion.
Immediate returns through current tenancy, combined with long-term redevelopment potential, position this property as a prime suburban investment opportunity in one of Sydney’s most robust south-side districts. This offering is ideal for those seeking a combination of stability and growth potential in a rarely available freehold structure.
Strategically situated within a busy neighborhood retail strip, the property benefits from strong exposure and foot traffic while enjoying proximity to Hurstville’s major commercial hub. Hurstville CBD, located just minutes away, offers extensive amenity including Westfield Shopping Centre, Hurstville Central, multiple hospitals, major banks, and public transport via Hurstville Train Station. This connectivity amplifies future redevelopment possibilities such as office space, lifestyle and fitness studios, education, consulting suites, or even residential conversion.
Immediate returns through current tenancy, combined with long-term redevelopment potential, position this property as a prime suburban investment opportunity in one of Sydney’s most robust south-side districts. This offering is ideal for those seeking a combination of stability and growth potential in a rarely available freehold structure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,060 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.59
Lot Size
0.09 AC
Amenities
- Signage
Nearby Major Retailers
1 of 20
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48-50 Connells Point Rd
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