59 Kinghorne Street, Nowra, NSW 2541
Floor Area:
295sqm
Land Area:
223sqm
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For Sale
EXPRESSIONS OF INTEREST CLOSING 21st OF MARCH
Prime Commercial Investment in Nowra CBD - Two tenancies
A rare opportunity to secure a commercial property in the heart of Nowra's CBD, offering dual income with two separate rental spaces. This property is perfectly positioned in a central location, surrounded by a variety of local businesses, amenities, and high foot traffic, making it an ideal investment for investors. Zoned E2 Commercial Centre and the block of land is 223m2.
Two separate rental spaces, offering diverse income potential.
Tenant 1| EyeQ Operations current lease expires 31/12/2027 with a further two 5 year options.
Tenant 2 | Webics on lease until March 2026.
Total combined rent amount | $136,187.72 incl. GST annually.
Outgoings paid by tenants are Council Rates, Water & sewer drainage charges, Insurance for the Building & Lessors Fixtures & fittings.
A stable and well-maintained property with great long-term investment potential.
Onsite parking includes four spaces at the rear of the building and there are 10kws of solar panels on the property.
Whether you are looking to add to your property portfolio this commercial premises offers fantastic opportunities for growth and success.
For more information or to arrange an inspection, contact Jared Cochrane from Raine & Horne Nowra on 0404 210 824.
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Jared Cochrane
Director | Licensed Real Estate Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L32615611
- Property Type:Medical/Consulting
- Building / Floor Area:295 sqm
- Land Area:223 sqm
- Car Spaces:4
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Mortgage Broker
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