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Retail

6/119 Corrimal Street Wollongong, NSW 2500

Sold on 18 Aug 2016
  • Building: 32m²
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Retail in Wollongong

Great Opportunity!

  • Building: 32m²

Positioned in the charismatic Georgian Centre is this hassle free commercial solid investment which is currently tenanted by a business that has been established for over 15 years. With a 3 X 3 lease in place, which isn't up for renewal until Dec 2017. The current tenants are long term and will provide you with an income of $16,932 per annum, 3% CPI, due December 2016, less expenses. Ideal size ( 32m2 ) to build your commercial portfolio, includes a kitchenette, split air conditioner, separate toilet and 1 car space. Located in the thriving part of Corrimal Street, amongst popular restaurants and cafs.

Zoning B4 ( Mixed business use )

Council rates per quarter - $346.20
Strata Administration Levy per quarter - $448.45
Strata Sinking Levy per quarter - $85.75

*Agents Interest Disclosed*

Building:

32m²

Zone:

B4 - Mixed Use

6/119 Corrimal Street, Wollongong, NSW 2500