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4/123-125 Corrimal Street
Wollongong NSW 2500
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Sold on 30 Jul 2019

4/123-125 Corrimal Street Wollongong NSW 2500

  • Shop & Retail
  • Sold

Commercial Investment

Long standing Liquorland site, over 35 years trading history.
Large strata title area 307 square meters.
Includes driveway for convenient drive in service.
Strategic CBD location on popular restaurant strip.
Lease to 2022 plus options to 2037.
Annual CPI increases.
Easily managed premium tenant investment.
The area is also surrounded by high rise residential towers, WIN Entertainment Centre, Illawarra Performing Arts precinct, Wollongong City Council offices major supermarkets and the Steelers Club.
The current annual rental income is $104,207 (plus GST) with CPI increases every year.
Outgoings average at $27,000 per annum.

Property Highlights

Date Sold30 Jul 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015119520
Category
 Shop & Retail
Last updated  30 Jul 2019
Map for 4/123-125 Corrimal Street Wollongong NSW 2500

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Property Highlights

Date Sold30 Jul 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2015119520
Category
 Shop & Retail
Last updated  30 Jul 2019
Suite 7, 50 Crown St Wollongong NSW 2500
Agency profile

Ask Christina Comelli about this property

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