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SOLD
57-59 Queen Street, Moruya, NSW, 2537
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Property Highlights

Multi-Tenanted Freehold Retail Investment with Ground Floor Leased to Commonwealth Bank
  • Total Potential Income of $95,268*
  • Total Site Area of 1,546sq m*
  • Subdivision Opportunity

The Savills NSW Metropolitan Sales Team in conjunction with LJ Hooker are pleased to present 57-59 Queen Street, Moruya to the open market via Private Sale.

Investment highlights:

- Strong potential net rent of $95,268pa*
- Multiple tenancies: ground floor retail + five (5) upstairs offices
- Total site area of 1,546sq m* with adjoining vacant land providing subdivision opportunity
- Newly executed 3 year lease + 3 year option (ground floor)
- Commonwealth Bank: largest listed company on the Australian Securities Exchange with a market cap rate of $121 billion (2020)
- Adjoining 963.4sq m* land zoned B2, suitable for medical centres, shop top housing, food & drink premises, shops & offices
- Within immediate proximity to retail amenity and education facilities


*Approx.

Remember to mention you found this property on DevelopmentReady

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