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62 Vulcan Street Moruya NSW 2537

  • Shop & Retail
  • 331 m²
  • For Sale, $1,200,000 (GST na)

COURTHOUSE ARCADE

    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

    Tenancy Schedule
    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.

    Robert McBride
    McBride Commercial
    Robert McBride
    McBride Commercial

    Property Highlights

    Property ID2016507737
    Floor Area331 m²
    Land Area324 m²
    ParkingOn street parking
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  3 Nov 2020
    Map for 62 Vulcan Street Moruya NSW 2537
    Map for 62 Vulcan Street Moruya NSW 253762 Vulcan Street Moruya NSW 2537
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    • Purchase price

      $
      1,200,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    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.

    Robert McBride
    McBride Commercial
    Robert McBride
    McBride Commercial

    Property Highlights

    Property ID2016507737
    Floor Area331 m²
    Land Area324 m²
    ParkingOn street parking
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  3 Nov 2020
    McBride Commercial
    Po Box 3301 Batehaven NSW 2536
    Robert McBride
    McBride Commercial
    Robert McBride
    McBride Commercial

    Ask Robert McBride about this property

    Robert McBride

    Robert McBride

    McBride Commercial

    0412 *** ***
    0412413727

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