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COMMERCIAL PROPERTY FOR SALE – THRIVING LOCATION – EXCELLENT RETURN

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7/7 Coronation Avenue, Pottsville NSW 2489 Australia

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Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
 
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General Information Phone enquiries - please quote property ID 16251
Freehold commercial shop situated in the main hub of Pottsville, just 250m from the Beach. Pottsville is the 3rd Fastest Growth area in NSW.
Huge growth area
Huge tourist area
Sound investment
Sound Tenant
This commercial property for sale is part of a strata title with two other adjoining shops. Currently tenanted with successful Hardware/Mixed Business (same owner for over 30years). A long term lease of 3*3*3 will be in place.
The shop construction is brick with metal roof and covers a 220m2 area, including double garage/storage area. It includes an undercover exclusive use area on entry for display + double garage/storage. This display area could be built on in the future offering further development and opportunity. The shop has front and rear access along with a rear loading dock. The shop adjoins the side access (this could be sold off to current unit owners for development, or all owners could be a part of a co-development of the area & on sell the finished premises). Note: there are already 2 residential units upstairs above the complex, which have their own access.
4 customer onsite parking and front & back council parking available
All commercial outgoings paid by tenant.
Outgoing costs for the premises are very low
Solar electricity and low body corporate fee's along with water meters for each unit means very big savings for the Unit holders.
Pottsville is a thriving coastal village with all amenities including 2 primary schools, IGA, FoodStore, Medical centres, Community and much more and is set for a massive expansion over the next few years. It is only 20 minutes’ drive to Coolangatta airport, 25 minutes to Byron Bay and 1.5 hours to Brisbane CBD.
This prime located commercial property is a solid investment with solid tenant.
Net Return on Investment would be 8%, plus 3%per Annum Rental Increase.
Enquire today to find out more.
General Features
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Map of 7/7 Coronation Avenue Pottsville NSW 2489
  • Shop 2a, 1-5 Station St
    Moorabbin VIC 3189
  • 1300 850 855
No Agent Property
 
 
 
 
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Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia
Photo of 7/7 Coronation Avenue, Pottsville NSW 2489 Australia