Location: Illawarra region
Lease: 2014 + 5 years
Rent: LOW RENT, less than $600 per week
Established: Many decades
Profit: $234,000 per annum
Asking Price: $570,000 + SAV
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**** RECENTLY RENOVATED ****
**** POTENTIAL TO GROW LOTTO ****
This stable, growing Newsagency and Australia Post Office provides a essential service to the town, supplying standard products with the addition of confectionery, tobacco, milk, bottled drinks greeting cards, gifts and toys, education books, and jewellery.
The business is on the street corner, well presented in the middle of town with parking at the entrance on street, and off street at the rear of the business. It is sited inland within 15 minutes of the largest regional coastal town and an hour and a half from Sydney with nearby access to the freeway.
A new owner has the opportunity to increase mailboxes, and retail lines already identified. There is further opportunity to use the large storage areas and, or lock up garage for additional services or business.