9 Clyde Street Batemans Bay NSW 2536

Situated in the heart of the bustling Batemans Bay CBD and directly across from the scenic Clyde River, this property offers outstanding development potential or a solid investment return with its 90% tenancy occupancy. Comprising 7 shops, all under one title, this is a rare chance to own a thriving commercial asset in a high-demand location.

Key Features:

Zoned MU1 mixed Use

Strong Tenancy Mix: The current tenants include a diverse range of businesses, such as retail clothing apparel, a beautician, a hair stylist, a café, and a building company office. All tenants are long-term, with two of them having occupied the space for over 5 years, ensuring stability and consistent income.

The property features solid brick construction, with recent facade renovations and upgrades to the front two shops, adding modern appeal and enhancing the building's street presence.

Strategic Location: A shared walkway directly connects the property to the busy Bridge Plaza Shopping Mall, adding to the foot traffic and accessibility. Inside the mall, there are an additional four shops, further supporting the retail synergy in the area.

Common Area Facilities: All shops benefit from access to a common bathroom area, providing added convenience for tenants and customers.

Development Potential: The upstairs area, formerly part of the historic Batemans Bay Medical Centre, is currently vacant and in need of some refurbishment. With a little TLC, this space could be transformed into additional leasable area, boosting the property's revenue potential.

Originally a double-storey red brick building, recent renovations to the facade provide a modern contrast, making it an attractive investment for both developers and investors looking for a strong return.

Summary: Whether you're looking to capitalize on its development potential or secure a reliable investment with a healthy tenancy mix, this property presents an exceptional opportunity in a prime Batemans Bay location.

Information Memorandum with tenancy schedule available on request.