Commercial Investment
4 / 123-125 Corrimal Street, Wollongong

$1,500,000· (Under Contract)
  • 4 / 123-125 Corrimal Street, Wollongong
  • 4 / 123-125 Corrimal Street, Wollongong
  • 4 / 123-125 Corrimal Street, Wollongong
  • 4 / 123-125 Corrimal Street, Wollongong
  • 4 / 123-125 Corrimal Street, Wollongong

Long standing Liquorland site, over 35 years trading history.
Large strata title area 307 square meters.
Includes driveway for convenient drive in service.
Strategic CBD location on popular restaurant strip.
Lease to 2022 plus options to 2037.
Annual CPI increases.
Easily managed premium tenant investment.
The area is also surrounded by high rise residential towers, WIN Entertainment Centre, Illawarra Performing Arts precinct, Wollongong City Council offices major supermarkets and the Steelers Club.
The current annual rental income is $104,207 (plus GST) with CPI increases every year.
Outgoings average at $27,000 per annum.

Location

Christina Comelli

Principal, Licensed business and real estate broker, Bachelor of Commerce (Marketing), University of Wollongong

0402 811 002

Christina is part of the third generation of Comelli business brokers – her knowledge of the Illawarra region is second to none. During her 25 year career selling, leasing and managing commercial properties, Christina has developed a reputation for building strong relationships and going the extra mile. She promises the highest level of personal service, timely and accurate follow through, and absolute diligence in relation to all of your business matters. Christina is a veritable force –...

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