3/128 Belinda St, Gerringong, NSW 2534
Retail Shop
Offers above $950,000 – Sale with going concern
Secure Investment Opportunity – Gerringong Retail – NO GST a
An outstanding opportunity to acquire a ground floor retail investment in the heart of Gerringong with completed fit-out and nothing to spend, offering investors an attractive combination of secure income and an established tenant.
Positioned at G03/128 Belinda Street, Gerringong, this well-presented 85sqm ground floor retail premises is leased to an established local business that has been successfully operating in Gerringong since 2017.
The property currently provides a strong net rental return of $55,000 per annum, secured by a 3-year lease with 3 year option, providing the incoming investor with immediate income and confidence of tenure.
Investment Highlights
* 85sqm ground floor retail premises
* $55,000 net annual rental return
* 5.8% NET return on investment
* 3-year lease in place with 3-year option.
* 2 allocated basement car parks
* Established tenant operating in Gerringong since 2017
* Immediate income-producing investment
* Prominent ground floor retail position
* Located in the established Gerringong commercial precinct
With a proven tenant, a secure lease and a $55,000 net annual return, this property represents an appealing investment for private investors, SMSF purchasers and those seeking a quality commercial asset with reliable income.
| Property: | Retail Shop |
| Total Building Area: | 80m² |
Open for Inspection Times:
Recent Sales in the Suburb of Gerringong
Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.