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Commercial, For Sale, Property, Retail, Pottsville, New South Wales

EMAIL TO A FRIEND
7/7 Coronation Avenue Pottsville NSW
$869,000

COMMERCIAL PROPERTY FOR SALE – THRIVING LOCATION – EXCELLENT RETURN

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
  • 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. 

 

Property Detail

Property ID:

16251

Type:

Commercial

240
Address:

7/7 Coronation Avenue Pottsville NSW

Contact The Owner

Tannet Pty Ltd Gordon
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