36/71-83 Smith Street, WOLLONGONG

Boutique Investment Opportunity

Located in the heart of the growing Wollongong retail hub this property exudes a highly exposed position with surrounding development, this property has prominent street exposure

With a fast emerging commercial prescence this property is the perfect opportunity to enter the commericial investment market.

This commercial premises is a rare investment opportunity and is located at the entrance of Wollongong CBD. This boutique shop space is positioned on the ground floor of a terrace style apartment complex with excellent exposure to passing traffic. The property is currently leased to an established beauty salon until January 2024 with options to renew. The current gross rental income is $3,300 per month ($39,600 annually). This boutique space ticks all the boxes to make this a smart investment.

- Area of approx. 101m2 including a bonus courtyard at the rear of the shop
- Wheelchair accessible premises
- Large glass shopfront providing great visibility to passing traffic
- Complete with air conditioning, tiled flooring throughout and an internal kitchenette
- Remote control lock up tandem garage with room for storage in the basement with internal access to the premises

features

  • Air Conditioning
  • Close to Schools
  • Close to Shops
  • Close to Transport

overview

  • 1P8778
  • $579,000
  • Offices
  • For Sale
  • 36/71-83 Smith Street, WOLLONGONG
  • 101 sqm
  • B3 Commercial Core