Discover a unique investment opportunity in the heart of Norfolk Island with LJ Hooker Commercial Southern Gold Coast. We present The Strand Arcade, a freehold retail property for sale, offering prime exposure on Norfolk Island's main street.
Key Highlights:
- 1,014sqm site with ample parking
- 910sqm building across 2 levels
- 13 tenancies (2 shops vacant)
- Annual income exceeding $110,000* (fully leased)
- Tenants pay outgoings
- Well-established retail complex with potential for strata title
- On and off-street parking with shared amenities
- Norfolk Island boasts a 25% population growth since 2016 (Census 2022), a thriving
economy, and tax-friendly laws with no land tax, making it an ideal investment destination.
This is a rare opportunity for savvy investors to secure a solid property with strong holding value and passive income. Norfolk Island, a stunning island paradise in the Pacific Ocean, offers a high-quality lifestyle and has seen 25% population growth since 2016 (Census 2022).
Beyond its natural beauty and relaxed lifestyle, Norfolk Island boasts a thriving economy with investment opportunities in tourism, agriculture, fishing, and retail. Its tax-friendly status, including no land tax, makes it an attractive destination for property investors.
For more information or an inspection, contact Tara Imlach 0452 418 343 or Beau Cater 0415 131 494.
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Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.
