59A Kinghorne Street Nowra NSW 2541

This Central Nowra retail commercial opportunity is full of potential to reap future rewards, situated in the high profile busy part of Kinghorne Street, Nowra. Currently occupied, by Bayview Blinds operating as a blinds, screens and awning business, sold as a going concern in a lease until October 2022 and paying all outgoings.

The property has its own facilities including, air conditioning, 2 toilets and a kitchenette, there is rear on-site parking which can accommodate up to 5 cars. Subject to DA approval, the property has the potential to extend with a lot size of 270m2 and a building envelope up to 15 metres in height. Zoned B3 Commercial, Business and High Density Residential, position perfect for clientele.

The property has two entry doors from the main street and one rear door from the car park, offering the owner or tenants the flexibility to run 2 separate businesses in the future.

Currently showing a gross return in excess of 6% this property provides an ideal investment opportunity to expand with residential housing in demand and a blank canvas to create your own future business.

Contact Angie De Battista from Ray White Kiama on 0404 898 422 for an information memorandum.

NB: Agents interest.