20 Underwood Street,
Corrimal, NSW 2518
Medical & Consulting • Offices • Shops & Retail
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$375,118
Number of Tenants
3 Tenants
Tenants / Type
Medical
Private inspections
to arrange a private inspection.
Burgess Rawson - Brisbane
Level 12, 127 Creek StreetBRISBANE CITY, QLD 4000
20 Underwood Street
Corrimal, NSW 2518
Map of 20 Underwood Street
Train stations within 5 km of 20 Underwood Street, Corrimal, NSW 2518 Distance Corrimal Station 1 km Bellambi Station 1.5 km Towradgi Station 1.6 km Fairy Meadow Station 2.8 km Woonona Station 2.9 km POWERED BY HERE ©Bus stops within 5 km of 20 Underwood Street, Corrimal, NSW 2518 Distance Living Hope Baptist Church, Princes Hwy 60 m Princes Hwy After Collins St 193 m Corrimal Memorial Park, Princes Hwy 231 m Princes Hwy Opp St Columbkille's Corrimal Primary School 240 m Princes Hwy After Railway St 339 m POWERED BY HERE ©
POWERED BY HERE ©
Premium NSW South Coast Freehold Medical Investment
- Diverse medical tenancy profile
- 1,981sqm* freehold site
- 6km* to Wollongong CBD
Burgess Rawson is pleased to offer to the market 20 Underwood Street, Corrimal NSW for sale via Expressions of Interest.
The property has the following investment highlights:
+ Diverse essential service tenancy profile with three leading national & established medical tenants - Ekera Dental, Marsden Psychology and Southern Respiratory & Sleep Specialists
+ Favourable rental growth with a mixture of CPI & fixed 3% annual rent reviews providing guaranteed rental growth
+ Modern 981sqm* double-level centre with state-of-the-art facilities and ample on-site carparking
+ Significant 1,820sqm* corner landholding centrally located in the Corrimal Business District
+ Tenants pay outgoings as per the lease
+ Surrounded by essential social infrastructure including 10+ schools servicing 10,500+ full time students within a 3km radius*
+ Located 150 metres from the Coles anchored Corrimal Park Mall and 450 metres from Corrimal Village anchored by Woolworths & 35+ specialty retailers
+ Corrimal: sought after location in NSW’s South Coast, 6km* to Wollongong CBD, south of Sydney
+ Wollongong: thriving region south of Sydney set to grow to more than 270,500 people by 2041
+ Estimated Net Income: $375,118 pa* + GST
For sale via Expressions of Interest closing Wednesday 27 March 2024 at 4pm AEDT (if not sold prior).
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
The property has the following investment highlights:
+ Diverse essential service tenancy profile with three leading national & established medical tenants - Ekera Dental, Marsden Psychology and Southern Respiratory & Sleep Specialists
+ Favourable rental growth with a mixture of CPI & fixed 3% annual rent reviews providing guaranteed rental growth
+ Modern 981sqm* double-level centre with state-of-the-art facilities and ample on-site carparking
+ Significant 1,820sqm* corner landholding centrally located in the Corrimal Business District
+ Tenants pay outgoings as per the lease
+ Surrounded by essential social infrastructure including 10+ schools servicing 10,500+ full time students within a 3km radius*
+ Located 150 metres from the Coles anchored Corrimal Park Mall and 450 metres from Corrimal Village anchored by Woolworths & 35+ specialty retailers
+ Corrimal: sought after location in NSW’s South Coast, 6km* to Wollongong CBD, south of Sydney
+ Wollongong: thriving region south of Sydney set to grow to more than 270,500 people by 2041
+ Estimated Net Income: $375,118 pa* + GST
For sale via Expressions of Interest closing Wednesday 27 March 2024 at 4pm AEDT (if not sold prior).
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
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Property ID: 504526956Last Updated: 2 May 2024
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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