89 Railway Street, Corrimal, NSW
Sold | Contact Agent
Retail
MULTI-TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE
A freehold retail arcade in the Corrimal shopping precinct. Comprising of multiple long-term tenancies with immediate returns plus future upside investment and development potential.
• Current net rent of $84,519 pa with value-add potential
• 416sqm of GFA across all tenancies
• Favourable B2 - Local Centre Zoning (FSR 1.5:1)
• 18.25m frontage with 15m height limit
• Multiple long-term tenancies with immediate returns
Please contact the exclusive marketing agents listed below to arrange an inspection or to receive a detailed information memorandum.
* All figures are approximates.
Key Features
Property Type
Retail
Building Size
416 sqm
Land Size
822 sqm
Outgoings
$11,172 Yearly
Council Rate
$2,517.10 Quarterly
Zoning
B2 - Local Centre
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