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7 Russell Street,
Corrimal, NSW 2518
Shops & Retail • Medical & Consulting • Offices
Price information
Sale
Pricing | $440,000 - $550,000
Key property information
Floor area
Car spaces
Tenure type
Private inspections
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Colliers - Wollongong
Level 2, 63 Market StreetWOLLONGONG, NSW 2500
![Colliers - Wollongong](https://i1.au.reastatic.net/170x46-fit/34229594904b963f0d733600ae1d2806ce327c663109786938165bd5b0f3cbfb/large_commercial.jpg)
7 Russell Street
Corrimal, NSW 2518
Map of 7 Russell Street
Train stations within 5 km of 7 Russell Street, Corrimal, NSW 2518 Distance Corrimal Station 949 m Towradgi Station 1.5 km Bellambi Station 1.6 km Fairy Meadow Station 2.6 km Woonona Station 3 km POWERED BY HERE ©Bus stops within 5 km of 7 Russell Street, Corrimal, NSW 2518 Distance Corrimal Memorial Park, Princes Hwy 68 m Princes Hwy After Railway St 157 m Railway St at Bertram Lane 202 m Living Hope Baptist Church, Princes Hwy 207 m Princes Hwy After Collins St 214 m POWERED BY HERE ©
POWERED BY HERE ©
Multiple Investment Opportunities | Purchase 1, 2 or 3
We are pleased to present this rare opportunity to purchase one, two or three strata retail investments in Corrimal CBD.
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
• Price $440,000
• Tenant: Elite Supplements
• Floor area: 47m2*
• Lease expires May 2025
• Option: 1 x 3 year term
Shop G03
• UNDER OFFER
• Tenant: House of Brows
• Floor area: 128m2*
• Lease expires March 2032
• No option
Shop G04
• Price $550,000
• Tenant: Supercare Dental
• Floor area: 87m2*
• Lease expires January 2029
• Option: 1 x 7 year term
*Approx.
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
• Price $440,000
• Tenant: Elite Supplements
• Floor area: 47m2*
• Lease expires May 2025
• Option: 1 x 3 year term
Shop G03
• UNDER OFFER
• Tenant: House of Brows
• Floor area: 128m2*
• Lease expires March 2032
• No option
Shop G04
• Price $550,000
• Tenant: Supercare Dental
• Floor area: 87m2*
• Lease expires January 2029
• Option: 1 x 7 year term
*Approx.
Property ID: 504585884Last Updated: 26 Jun 2024
Colliers - WollongongLevel 2, 63 Market Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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