131 Wagonga Street, Narooma, NSW 2546
Retail
- Property No. 5532964
- Show Page Visits
- Sold Contact Agent
- Sat 18-Jul-09
- Floor Area
- 320 m²
- Tenure Type
- Tenanted Investment
- Building
- Whole
- Last Updated
- May 13, 2014
Interested in this property? Contact an Agent today
Retail Investment With Strong Covenant
• Site area: 320m² (approx.)
• Two level freestanding building
• Current passing income $69,000 (approx.) net
• Strong covenant with new 3 year lease in place
An excellent investment opportunity in the South Coast town, Narooma. This two level freestanding building of approx 320m² is currently leased to this strong national retailer Commonwealth Bank of Australia (CBA).
CBA has recently renewed a three year lease with a current passing income of $69,000 net (approx.).
The property is in excellent condition and provides an outstanding investment opportunity in a growing regional area.