134-142 Wentworth Street, Port Kembla, NSW
For Sale | $4,500,000THE ULTIMATE SET & FORGET INVESTMENT
A site that ticks all the boxes; commanding street presence, rear lane access, coveted 10 year net lease, plus future development capabilities - the complete package for astute investors seeking that set & forget investment addition to their portfolio.
- Multi-lot amalgamation spanning 2,586.2m² with 60m frontage and rear lane access
- Immediate income generation leased at $250,000 pa net + GST for initial 10 year period x 5 year option
- Depreciation benefits with significant capital expenditure upgrades between 2021-2023
- Wentworth Street is a prime location for investors who want high visibility, excellent transport links, strong supporting residential catchment, growing infrastructure and an emerging market.
- Future development considerations with wide frontage plus 1.5:1 FSR & 12m Height Limit
To arrange an inspection or for more information on the property, please reach out to the exclusive marketing agents.