191-193 Princes Highway,
Corrimal, NSW 2518
Shops & Retail
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Map of 191-193 Princes Highway
Sold Investment with Renewed Lease
Current rental income is $100,800 pa with a net return of $85,112 pa plus GST. This takes into account for Council Rates, Water Rates, Building Insurance and Land Tax.
5 year lease until September 2018. Occupied by Rockmans, a women's clothing and fashion store who are well established in this location.
The land area is approximately 639sqm and is virtually boundary to boundary apart from the rear building setback to allow for the parking area. The building has an upper floor suitable for additional storage, offices etc. the total lettable area is approximately 626sqm
The property enjoys excellent exposure and convenience to the Princes Highway. In addition to the general community parking within the town centre, the property also offers rear lane access with on-site parking of 4 to 5 car spaces ideal for staff, deliveries etc. The property adjoins the ANZ Bank with Coles Supermarket directly across the road.
A very rare opportunity to invest in a freehold commercial property that is leased to proven and established tenant.
5 year lease until September 2018. Occupied by Rockmans, a women's clothing and fashion store who are well established in this location.
The land area is approximately 639sqm and is virtually boundary to boundary apart from the rear building setback to allow for the parking area. The building has an upper floor suitable for additional storage, offices etc. the total lettable area is approximately 626sqm
The property enjoys excellent exposure and convenience to the Princes Highway. In addition to the general community parking within the town centre, the property also offers rear lane access with on-site parking of 4 to 5 car spaces ideal for staff, deliveries etc. The property adjoins the ANZ Bank with Coles Supermarket directly across the road.
A very rare opportunity to invest in a freehold commercial property that is leased to proven and established tenant.
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Property ID: 501192535Last Updated: 3 Oct 2017
191-193 Princes Highway
Corrimal, NSW 2518
Detailed listing
MMJ Commercial - Wollongong6-8 Regent Street
WOLLONGONG, NSW 2500
WOLLONGONG, NSW 2500
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