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Commercial

Shop 10/2 Collins Lane KIAMA, NSW 2533

Sold for $320,000 on 2 Jun 2014Floorplan
  • Building: 42m²
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Commercial in KIAMA

Savvy Investment In The Heart Of Kiama!

  • Building: 42m²

Boasting a fantastic long-term tenant and offering a substantial return, this truly is an outstanding investment opportunity.

The property itself is ideally located right in the heart of Kiama's township ensuring great passing trade for current and future tenant prospects.

The shop space is full of character, yet boasting a young age of just 9 years. There are bathroom facilities and kitchenette to the property and also and a large veranda flowing off the main shop space.

The property is currently returning $500 per week and boasting a healthy 7.88% return based on a purchase price of $329,950. The current tenant is willing to re-sign a three year lease for the new purchaser of this property giving you a secure rental return for years to come. The total shop space is 42 square metres plus 18 square metres of verandah space.

For further details, please phone Michele Lay on 0409 461 756. Don't delay, as this commercial space will not last long before it is snapped up by a savvy investor!

Building:

42m²

Shop 10/2 Collins Lane, KIAMA, NSW 2533