116 Kembla Street, WOLLONGONG, NSW

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Office

Desirable Investment with Lease Back

A desirable investment property for the astute buyer, to be sold with a lease back to current owners with a well established business operating since 1953. You couldn't plan to buy in a better location in the Wollongong Central Business District with your own allocated parking at the rear of the property and plenty of parking on the street. Minutes' walk to Crown Street Mall, and surrounded by many other businesses and residential homes.

- Lease back to current owners for $850 per week, a guaranteed income and a brilliant return
- Meticulously well maintained property inside and out making for a stress free investment
- Disabled ramp access to front door with stunning stain glass feature
- Entry area offers a highly polished Jarrah timber reception desk beautifully suited to this property
- Warmth and old world charm welcome you to this property with high ornate ceilings and timber floors throughout, original solid timber doors to most rooms and a inviting open fire place in the second office (currently not being used)
- Ducted reverse cycle air conditioning with ducts in five rooms
- The property consists of five offices a store room and a laminate kitchenette
- Two bathrooms one with shower and toilet and the other features a shower over a spa bath and second toilet
- There are laundry facilities in the back bathroom
- A storage shed and parking for approximately six cars at the rear of the property
- Either agent is available to answer questions in relation to this sale or for more information on the lease back etc.

Key Features
Property Type
Office
Car Spaces
6
Building Size
120 sqm
Land Size
487 sqm
Zoning
R1 General Residential (approved for commercial)
Property ID:
4P5583
Contact Agents

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Office: MMJ Real Estate, North
Licensed Real Estate Agent
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