187 Lang Street,
Kurri Kurri, NSW 2327
Offices • Other • Shops & Retail
Price information
Sale
$799,000
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 187 Lang Street
Bus stops within 5 km of 187 Lang Street, Kurri Kurri, NSW 2327 Distance Rotary Park, Hampden St 88 m Barton St Before Victoria St 182 m Barton St at Victoria St 237 m Victoria St at Rawson St 298 m Kurri Kurri Fire Station, Lang St 315 m POWERED BY HERE ©
POWERED BY HERE ©
MULTIPLE TENANCY INVESTMENT OPPORTUNITY IN BUSTLING REGIONAL CENTRE - HOME TO THE "BIG KOOKABURRA"
This is one investment opportunity that you will not want to miss out on! With a mix of commercial, retail & residential tenants, your portfolio will flourish.
In central Kurri Kurri, this corner location is sought after by tenants and the "down time" is always minimal.
Formally occupied by The Newcastle Permanent Building Society, this building has been built to last.
The Details:
Shop 1: Long term commercial tenant who, historically, signs 1 year leases each year.
Annual rental $22,000pa + GST Gross from 24 October 2024.
Shop 2: Recent retail tenant on a 3 year lease expiring 30 September 2026.
Annual Rental $18,200pa + 32.5% of the annual outgoings. Fixed 5% annual increases on this tenancy.
Residential Flat: Long term tenant paying $305 per week with a new 2 year lease from 6 September 2024.
Zoned E1 - Local Centre, this property offers the astute investor a lot of options with future tenants.
Kurri Kurri is famous for its Kookaburra murals dotted all over town. This property boasts 2 of these murals = Iconic!
To arrange your private inspection, please call exclusive agent Michael Maffey on (0438) 049 3... now! This is a well-presented, financially strong & diverse investment opportunity.
In central Kurri Kurri, this corner location is sought after by tenants and the "down time" is always minimal.
Formally occupied by The Newcastle Permanent Building Society, this building has been built to last.
The Details:
Shop 1: Long term commercial tenant who, historically, signs 1 year leases each year.
Annual rental $22,000pa + GST Gross from 24 October 2024.
Shop 2: Recent retail tenant on a 3 year lease expiring 30 September 2026.
Annual Rental $18,200pa + 32.5% of the annual outgoings. Fixed 5% annual increases on this tenancy.
Residential Flat: Long term tenant paying $305 per week with a new 2 year lease from 6 September 2024.
Zoned E1 - Local Centre, this property offers the astute investor a lot of options with future tenants.
Kurri Kurri is famous for its Kookaburra murals dotted all over town. This property boasts 2 of these murals = Iconic!
To arrange your private inspection, please call exclusive agent Michael Maffey on (0438) 049 3... now! This is a well-presented, financially strong & diverse investment opportunity.
Property ID: 504707884Last Updated: 26 Nov 2024
0438 049 3...
187 Lang Street
Kurri Kurri, NSW 2327
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