36/71-83 Smith Street, WOLLONGONG

Boutique Investment

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 2021 with options to renew. The current gross rental income is $2,900 per month plus GST ($34,800 + GST 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 NSW
  • 101 sqm
  • B3 Commercial Core