7 Russell Street Corrimal NSW 2518

We are pleased to present this rare opportunity to purchase one, two or three strata retail investments in Corrimal CBD, by way of Public Auction.

Each unit is currently leased, offering immediate income and a hassle-free investment. Whether you are seeking a stable addition to your property portfolio, or aiming to enter the commercial investment market, this is the perfect opportunity to secure an investment in a highly desirable location.

Property Highlights:
• Gross rental: $121,793.85 + GST P.A.
• Net rental: $108,162.73 + GST P.A.
• Great entry investment opportunity
• High exposure location
• Multiple shops available, purchase 1, 2 or 3
• Zoned E1 Local Centre under Wollongong City Council LEP

Shop details are broken down below:

Shop G01
• Tenant: Elite Supplements
• Floor area: 47m2*
• Lease expires May 2025
• Option: 1 x 3 year term

Shop G03
• Tenant: House of Brows
• Floor area: 128m2*
• Lease expires March 2032
• No option

Shop G04
• Tenant: Supercare Dental
• Floor area: 87m2*
• Lease expires January 2029
• Option: 1 x 7 year term

*Approx.