Positioned within Nowra's established commercial precinct, 56 Kinghorne Street presents a secure, dual-income freehold investment, fully leased to blue-chip tenant, National Australia Bank, and the Illawarra Aboriginal Corporation with a WALE of 2.04 (years remaining)
The leases offer CPI annual rental reviews and strong underlying fundamentals supported by a central CBD location and surrounding amenity.
Conveniently surrounded by established retail and essential services including Nowra Mall, the property benefits from maximum exposure along Kinghorne and Junction Street with a high volume of passing traffic in a CBD location.
Property Features:
• Fully leased two-level commercial asset on 876m²* land
• Total building area: 848m²*
• Net income: $171,780 + GST P.A.*
• WALE: 2.04 years
• Zoned E2 Commercial Centre under Shoalhaven City Council LEP
• High exposure corner position with frontage along both Kinghorne and Junction Streets.
The property is being offered For Sale by Expressions of Interest closing Thursday, 2 April at 4pm (AEDT).
*Approx.
Remember to mention you found this property on CommercialReady
Positioned within Nowra's established commercial precinct, 56 Kinghorne Street presents a secure, dual-income freehold investment, fully leased to blue-chip tenant, National Australia Bank, and the Illawarra Aboriginal Corporation with a WALE of 2.04 (years remaining)
The leases offer CPI annual rental reviews and strong underlying fundamentals supported by a central CBD location and surrounding amenity.
Conveniently surrounded by established retail and essential services including Nowra Mall, the property benefits from maximum exposure along Kinghorne and Junction Street with a high volume of passing traffic in a CBD location.
Property Features:
• Fully leased two-level commercial asset on 876m²* land
• Total building area: 848m²*
• Net income: $171,780 + GST P.A.*
• WALE: 2.04 years
• Zoned E2 Commercial Centre under Shoalhaven City Council LEP
• High exposure corner position with frontage along both Kinghorne and Junction Streets.
The property is being offered For Sale by Expressions of Interest closing Thursday, 2 April at 4pm (AEDT).
*Approx.
Remember to mention you found this property on CommercialReady
56 Kinghorne Street, Nowra, NSW, 2541
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