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An exciting opportunity regarding a multi-tenanted freehold retail investment. This property offers the chance to capitalise on existing income or hold it, while also exploring further development potential with minimal interruption to the current dwelling.
The original building, designed as a bank and residence, boasts impressive construction with locally milled granite stone, a hardwood frame, and a slate roof. Currently, it features three ground-floor retail shops: two with long-term leases and the third on a monthly holdover. Additionally, the site has the potential to add three more commercial spaces, subject to council approval, as shown in the current plans.
This property benefits from dual frontage, facing both Vulcan Street and Church Street.
It's a beautiful, heritage-listed building that seamlessly blends into the main street of Moruya, a thriving country town. Moruya is experiencing significant growth with a new $330 million hospital under construction, expected to be completed by 2027. This development will bring more people and jobs to the area, further supported by new residential land subdivisions currently awaiting council approval.
If you are seeking a commercial building with significant upside potential, this is definitely one to consider.
An exciting opportunity regarding a multi-tenanted freehold retail investment. This property offers the chance to capitalise on existing income or hold it, while also exploring further development potential with minimal interruption to the current dwelling.
The original building, designed as a bank and residence, boasts impressive construction with locally milled granite stone, a hardwood frame, and a slate roof. Currently, it features three ground-floor retail shops: two with long-term leases and the third on a monthly holdover. Additionally, the site has the potential to add three more commercial spaces, subject to council approval, as shown in the current plans.
This property benefits from dual frontage, facing both Vulcan Street and Church Street.
It's a beautiful, heritage-listed building that seamlessly blends into the main street of Moruya, a thriving country town. Moruya is experiencing significant growth with a new $330 million hospital under construction, expected to be completed by 2027. This development will bring more people and jobs to the area, further supported by new residential land subdivisions currently awaiting council approval.
If you are seeking a commercial building with significant upside potential, this is definitely one to consider.
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