One of the many benefits of having a business in the CBD is the exposure you can have with badging’ and advertising’.
Raine and Horne has for sale a very prominent building, which is currently tenanted, on the corner of Kinghorne and Worrigee Streets that gets its exposure from the roundabout as well as the inbound traffic off the highway at the Worrigee Street intersection. Officeworks is on the opposite corner.
The property is leased until May 2012 and with the two tenants has a nett income of about $79,000. It is ideal for a future re-development with its three road frontages and split level design.
A DA was approved in April, 2007 for two shops fronting Kinghorne Street and one on corner of Worrigee Street and O’Connell Lane. Also an office, storage and loading dock.
The land comprises about 960m2 and the building about 850m2 constructed of brick and iron roof.
Zoning is 3(a) business.
Here is an opportunity to buy now, obtain an income and build later.
Auction: 14th May 2009, 6.30pm at the Shoalhaven Exserviceman’s Club.
Further details or to arrange an inspection please contact the selling agents Brian Kenny or Alex Cochrane at Raine and Horne, 78 Kinghorne Street, Nowra or 4423 4600.