Moruya is known for its vibrant community and thriving local businesses, providing a supportive environment for retail operations. This property is not just a space, it's a chance to become part of a growing community and capitalize on the economic potential of Moruya.
Prime Property Features
Discover an exceptional investment opportunity in the heart of Moruya with this outstanding property. Boasting a generous land area of 624.6 sqm and an impressive building area of 292 sqm, this versatile space is perfect for a variety of ventures.
Residential and Commercial Potential
Downstairs features an area of 158.7 sqm with a kitchenette/staff room and safe room.
Upstairs features an original to era residential living area of 133.6 sqm. This space can be converted into additional lettable space to maximize your return on investment.
Potential rental return of $100,000 per annum plus outgoings.
Strategic Location
Situated in the bustling main street of Moruya, 61 Vulcan Street benefits from high foot traffic and excellent visibility, making it an ideal spot for attracting customers. The spacious and expansive building area provides ample room for display, storage, and customer engagement, allowing you to create an inviting shopping experience.
Expansion Opportunities
With a substantial land area of 624.6 sqm, there may be opportunities for future expansion or redevelopment, subject to local council approvals. The potential for growth is immense, and this property could be the key to unlocking new business ventures.
Accessibility and Convenience
Easily accessible and convenient off street parking behind the building ensures plentiful parking for both customers and staff. There is also a car single garage attached to the building. This feature enhances the overall appeal of the property for potential clients and business operations.
Make Your Retail Aspirations a Reality
Whether you are looking to expand your existing business or invest in a new venture, 61 Vulcan Street offers the perfect canvas for your retail aspirations. Don't miss out on this rare opportunity!
Zoning: E1 Commercial
Rates: $5895.03
Contact Dawn Mason 0424 847 522, your local area specialists from Ray White Moruya today to arrange a viewing or for more information. Your future in Moruya starts here!
