Do not miss out on this rare opportunity to invest in an iconic fully leased heritage building in the beautiful seaside town of Kiama.
This fine example of a two storey late Victorian Commercial Building was opened in June 1881 and has only had four owners in over 130 years. With a total area of 639sm, the site is near level and provides excellent aspects down Manning Street towards Kiama Harbour. It is well positioned within the Kiama CBD, opposite Kiama Council Chambers and amongst other busy retail and commercial outlets, and it enjoys constant volumes of pedestrian and vehicle traffic.
This fully restored heritage building has a secure tenancy until February 2016 and currently returning $100,000 pa net. The tenant pays 100% of outgoings and zoning FSR provides for future additional development, if desired (STCA).
This is truly a rare chance to acquire an important heritage building with secure income and additional future potential.

Contact Anthony Langlois 0414 401 8...

* Beautifully restored heritage building - 396sqm (approx)
* $100,000 pa net rental leased until February 2016
* Blue Chip security - Fairfax Media and IPMG
* Land size - 639sqm (approx) with potential for further development (S.T.C.A.)
* Key location in central Kiama

Now with 2 LOCAL main street locations "LOCAL People Servicing the LOCAL Real Estate Needs of the Entire Kiama Municipality".