Shop 1 / 31 Princes Highway, FAIRY MEADOW NSW 2519 Fairy Meadow NSW 2519

Shop & Retail
292 m²
For Sale, $1,400,000

Entry level commercial investment - 5.2% ROI

Rare opportunity to secure a strata shop with well established long term tenant. Located in prominent position in the heart of Fairy Meadow retail and business district. The strata investment includes 145 sqm shop PLUS a 30sqm outdoor terrace (weather protected) PLUS private amenities PLUS 4 car spaces in secure undercover carpark PLUS 26m storage room.

Key features include:
* 5.2% ROI
* Lease term to 2035
* Current rent $72,290 Net PA
*Fixed 5% PA increases
* Tenant pays all landlord outgoings
* Tenant is licensed cafe with Small Bar Licence
* Established 15 years
* 4 x basement parking spaces (only 2 are leased to the tenant - other 2 spare)
* Outdoor dining area

For further details or to book an inspection on this commercial investment please contact Christina Comelli on 0402811002 or email sales@comelli.net.au

Comelli Commercial Business & Property Sales

Suite 7, 50 Crown St

Wollongong, NSW 2500

Property Highlights

Floor Area	292 m²
Land Area	Ask Agent
Parking	Ask Agent
Annual Return	5%
Availability	Vacant
Property ID	2018296542
Category	Shop & Retail Other
Last updated

Map for Shop 1 / 31 Princes Highway, FAIRY MEADOW NSW 2519 Fairy Meadow NSW 2519

Nearest transport* to Shop 1 / 31 Princes Highway, FAIRY MEADOW NSW 2519 Fairy Meadow NSW 2519

Bus

Train

Tram

Ferry

Princes Hwy At Elliotts Rd	97 m
Guest Park, Princes Hwy	120 m
Elliotts Rd At Grafton St	228 m
Princes Hwy Opp Guest Av	251 m

*Within a 4km radius

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Comelli Commercial Business & Property Sales

Suite 7, 50 Crown St

Wollongong, NSW 2500

Property Highlights

Floor Area	292 m²
Land Area	Ask Agent
Parking	Ask Agent
Annual Return	5%
Availability	Vacant
Property ID	2018296542
Category	Shop & Retail Other
Last updated

Listed by

Christina Comelli

Comelli Commercial Business & Property Sales

Call

0402 811 002

More about Shop 1 / 31 Princes Highway, FAIRY MEADOW NSW 2519 Fairy Meadow NSW 2519

Shop 1 / 31 Princes Highway, Fairy Meadow NSW 2519 Fairy Meadow NSW 2519 is categorized as Shop & Retail Property. It has a floor area of 292 m². The listing ID for this property is 2018296542.