62 Vulcan Street Moruya NSW 2537
- Shop & Retail
- 331 m²
- For Sale, $1,200,000 (GST na)
Prominent location with main street frontage and backing onto large car park, close to Woolworths and right in the centre of town.
Excellent long-term investment that includes 5 shops fully leased, plus two garages at rear of the property are also rented. The property has been fully tenanted since the current owners
purchased the property in 1990. New garage doors have been installed and the building has been freshly painted.
- Returns $82,000 p/a net
- Area 331.2 msq
- Garage 61.2 msq
- Rates $3960 p/a
- Land Value $191,000
Shop 1 & prt shop 2 'Finch' rent $37,281 inc GST p/a Lease 3+3+3 Expiry 30/11/2023, rent review CPI 1/12/2021.
Shop 2 & 3 'Impace Eurobodalla' rent $20,573 inc GST p/a 1+1 expire 30/6/21 review 1/7/21.
Shop 4 'Damien Coen' rent $7,401 inc GST p/a lease 2 years expires 3/9/2021 review 4/9/21 by market.
Shop 5 & garage 1 & 2 'Illawarra Retirement Trust' rent $24,985 inc GST p/a plus 20% water usage lease 1+1 expire 30/6/21 review 1/7/21 by market.
- Commercial loan calculator
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.