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44 Princes Hwy, Narooma, NSW, 2546

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44 Princes Hwy, Narooma, NSW, 2546

Narooma

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44 Princes Hwy, Narooma, NSW, 2546

Narooma

SOLD
44 Princes Hwy, Narooma, NSW, 2546

44 Princes Hwy, Narooma, NSW, 2546

Properties / Sold / New South Wales / Narooma
Tenanted Investment
Selling Method
EOI
Selling Details
Closing Wednesday 31 January 2024 at 3:00PM (AEDT)
Land Area
784 m² (*approx)
Floor Area
350 m² (*approx)
Property Type
Retail, Other, Land
Sub-type
Mixed Use
Est. Income
$92,064 p/a
Car Spaces
7
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Generational Landholding With Development Potential (STCA)
  • Huge Development Potential (STCA)
  • Rear Access
  • Diverse Holding Income

Greenlees Property is pleased to present 44 Princes Highway, Narooma for sale via Expressions of Interest campaign (EOI).

44 Princes Highway, Narooma occupies an irreplaceable freehold position, conveniently located in a vibrant main street location close to supermarkets, cafes and boutiques and offers huge exposure via frontage to the Princes Highway.

- Irreplicable freehold in commanding position in vibrant main street location

- Current Rental Income: $92,064.36pa (NET) with annual CPI reviews

- Directly opposite BIG4 Narooma East’s Holiday Park

- Large 784sqm landholding with dual frontages

- Attractive E1 Local Centre zoning, maximum building height 11.5 metres

- Incredible future potential including commercial premises, shop top housing & tourist accommodation (STCA)

- Diverse holding income profile

The property is comprised of a single storey retail building with a lettable area of 350 sqm currently configured as three (3) tenancies including La Bocca Italian Restaurant, Seaside Collective and Cascades Hair Design, each accessible from the footpath along the Princes Highway and with parking on site at the rear.

44 Princes Highway, Narooma is for sale by Expressions of Interest closing Wednesday 31 January 2024 at 3:00PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Greenlees Property.

Property Code: 60

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

44 Princes Hwy Investment Summary

Property Type
Retail, Other, Land
Sub-type
Mixed Use
Est. Income
$92,064 p/a
Land Area
784 m² (*approx)
Floor Area
350 m² (*approx)
Car Spaces
7
Selling Method
EOI
EOI Closing Date
31 Jan 2024 03:00PM
Selling Details
Closing Wednesday 31 January 2024 at 3:00PM (AEDT)

Investment Highlights

Generational Landholding With Development Potential (STCA)
  • Huge Development Potential (STCA)
  • Rear Access
  • Diverse Holding Income

Greenlees Property is pleased to present 44 Princes Highway, Narooma for sale via Expressions of Interest campaign (EOI).

44 Princes Highway, Narooma occupies an irreplaceable freehold position, conveniently located in a vibrant main street location close to supermarkets, cafes and boutiques and offers huge exposure via frontage to the Princes Highway.

- Irreplicable freehold in commanding position in vibrant main street location

- Current Rental Income: $92,064.36pa (NET) with annual CPI reviews

- Directly opposite BIG4 Narooma East’s Holiday Park

- Large 784sqm landholding with dual frontages

- Attractive E1 Local Centre zoning, maximum building height 11.5 metres

- Incredible future potential including commercial premises, shop top housing & tourist accommodation (STCA)

- Diverse holding income profile

The property is comprised of a single storey retail building with a lettable area of 350 sqm currently configured as three (3) tenancies including La Bocca Italian Restaurant, Seaside Collective and Cascades Hair Design, each accessible from the footpath along the Princes Highway and with parking on site at the rear.

44 Princes Highway, Narooma is for sale by Expressions of Interest closing Wednesday 31 January 2024 at 3:00PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Greenlees Property.

Property Code: 60

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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44 Princes Hwy, Narooma, NSW, 2546

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Property Location of 44 Princes Hwy, Narooma, NSW, 2546

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44 Princes Hwy, Narooma, NSW, 2546 Narooma
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