David Gordon of Ray White Byron Bay Commercial is proud to present 1/78 Rajah Road, Ocean Shores for your expression of interest.
This is a rare and exceptional opportunity to secure a fully-leased retail investment in the bustling heart of Ocean Shores only shopping precinct. Positioned in a tightly held and high-performing neighbourhood retail centre, this boutique complex of five tenancies occupies a strategic location with consistent foot traffic and strong tenant demand.
Key Investment Highlights:
*Land Area: 2,500 sqm on a simple two-lot stratum
*Net Lettable area: 400sqm
*Estimated Gross Income: $230,000 + GST per annum
*Zoning: E1 - Local Centre
*Potential: Cosmetic Refurbishment or value-add opportunity (STCA)
Strong Tenant Mix:
The property's home to a diverse and resilient group of tenants including;
*Yoga Studio
*Cafe'/Restaurant
*Beauty Services
*Laundry
*Employment Services
All leases are solid and long-term, with fixed annual increases and tenants paying all outgoings, making for a low maintenance, high performing investment.
Ocean Shores Shopping Centre is a vibrant local hub that services a wide catchment area stretching from Brunswick Heads to South Golden Beach and the hinterland. The centre's success is underpinned by high-calibre neighbouring tenants including:
*Coles Supermarket
*Kmart Hub
*Ocean Shores Tavern
*Medical Centre
*Bottle Shop
*Childcare facilities
*Over 36 specialty retailers
*More than 200 on-site parking spaces
The precinct is a one-stop destination for locals and visitors alike, making it one of the Northern Rivers' most consistent retail performers.
Why Invest Here?
Prominent position with excellent street visibility
*Only complex currently for sale in this highly desirable retail neighbourhood
*Zoned for future development with the possibility of adding a second floor (STCA)
*Excellent income security and capital growth potential
Don't miss this chance to secure an asset in one of the fastest-growing and most tightly held regions of Northern NSW.
For more information or to arrange an inspection, please contact:
David Gordon I 0418 856 222 | david.gordon@raywhite.com