127 Princes Highway, Ulladulla, NSW 2539

Floor Area:

630sqm

Land Area:

841sqm

Sold

Sold for $1,325,000 on Nov 19, 2024

PRIME RETAIL INVESTMENT OPPORTUNITY

Where prime retail meets unparalleled potential. This exceptional commercial offering presents a string of six retail shops, strategically positioned for maximum exposure along the bustling highway.

Boasting a commanding elevated corner position with north-facing ocean and coastline views. Situated opposite retail giants like Woolworths, Dominos, and nearby Ripcurl, Toyworld & Harris Scarfe, this location ensures a steady stream of foot traffic and business opportunities.

Five out of the six shops are currently leased, providing a solid and reliable return on investment.

Access is a breeze with five designated car spaces accessible from South Street, supplemented by rear access to each unit and ample on-street parking options.

With a Mixed Use zoning in place, the future prospects for this property are even more enticing. A potential redevelopment opportunity exists, with a DA approval valid for over four years, comprising 3 retail outlets, including a restaurant, alongside 3x2 bedroom apartments, 3x3 bedroom apartments, and two levels of convenient car parking.

Ben Pryde

Principal & Licensed Real Estate Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L989031
Property Type:Retail
Building / Floor Area:630 sqm
Land Area:841 sqm
Car Spaces:5

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