Real Estate Australia

Multiple Investment Opportunities | Purchase 1, 2 or 3
AUCTION: Friday 21-06-2024
11:00 am  Auction

Property Location: 7 Russell Street CORRIMAL - - NSW

Listing Id: L27279880  

Description: We are pleased to present this rare opportunity to purchase one, two or three strata retail investments in Corrimal CBD, by way of Public Auction. Each unit is currently leased, offering immediate income and a hassle-free investment. Whether you are seeking a stable addition to your property portfolio, or aiming to enter the commercial investment market, this is the perfect opportunity to secure an investment in a highly desirable location. Property Highlights: • Gross rental: $121,793.85 + GST P.A. • Net rental: $108,162.73 + GST P.A. • Great entry investment opportunity • High exposure location • Multiple shops available, purchase 1, 2 or 3 • Zoned E1 Local Centre under Wollongong City Council LEP Shop details are broken down below: Shop G01 • Tenant: Elite Supplements • Floor area: 47m2* • Lease expires May 2025 • Option: 1 x 3 year term Shop G03 • Tenant: House of Brows • Floor area: 128m2* • Lease expires March 2032 • No option Shop G04 • Tenant: Supercare Dental • Floor area: 87m2* • Lease expires January 2029 • Option: 1 x 7 year term *Approx.

Multiple Investment Opportunities | Purchase 1, 2 or 3
AUCTION: Friday 21-06-2024
11:00 am  Auction

Contact Colliers Wollongong Today!!!

Contact Taleah Thomas
Phone 0466610444

Contact Graeme Sutherland
Phone 0478060068

Property ID:L27279880

Email Colliers Wollongong Now! ** All Fields Require Input ** Name First Surname Phone Numbers Land or Mobile Your Address Email Address Your Enquiry

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