313-317 Bong Bong Street Bowral NSW 2576

Shop & Retail
470 m²
Sold

Bowral’s Best Retail Position First Time Offered in 94 Years!

Attention: Investors, Owner Occupiers & Developers
Prime single storey freehold property in heart of Bong Bong Street
Wide double fronted retail building with on-site parking
Focal point of Bong Bong Street between Wingecarribee Street & Boolwey Street
Versatile 240 sqm building on 470 sqm land holding
Exclusive tightly held retail precinct and hub of Southern Highlands, affluent demographic with large 48,000 catchment
Occupied by long term Newsagency business until April 2018 (no option), followed by opportunity to renegotiate lease, occupy or redevelop
Adjacent Westpac, Cinema, high end fashion, restaurants & cafes
Flexible B2 “Local Centre” zoning allowing multitude of future uses (STCA)
Underutilised site with redevelopment potential, FSR 1.5:1 (STCA)
Current rent: $135,100 pa (considered below market value)