Hybrid Self-Storage and Bulky Goods Investment within Central Business Hub
SOLD
Colliers is pleased to present 10 Central Avenue, South Nowra, a prominent hybrid self-storage and large bulky goods investment within the Central Business Hub of Nowra, South Coast of NSW.
10 Central Avenue is surrounded by all amenities and complimentary traders, within Shoalhaven’s key industrial and commercial centre and benefits from a strong value-add proposition including rental reversion, strata sell-down to smaller lots or site amalgamation for future redevelopment (STCA).
Investment highlights:
• Secure self-storage and large bulky goods investment within South Nowra’s thriving industrial and commercial precinct
• Surrounded by Australia’s top national large format retailers including Harvey Norman, Supercheap Auto, Bunnings, Forty Winks, Shell, Hungry Jacks, Homeco, and more
• Site Area: 2.61ha*, Building Area: 11,624sqm*
• Current net passing income: $727,250.77 per annum + GST
• Long WALE by Income: 4.63 years
• Zoned IN1 General Industrial under Shoalhaven LEP 2014
• Approaching 100% leased to longstanding well-known operators
• Prominent major regional service centre location driven by tourism
10 Central Avenue, South Nowra will be for sale via Expressions of Interest closing Wednesday 30 November 2022 at 2:00pm (AEDT).
*Approximately
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