120 Junction Street, Nowra NSW 2541
Sold for $1,950,000
Set in the Heart of the CBD
120 Junction Street is well located within the heart of the Nowra CBD.
The surrounding development is predominantly retail in nature with banks, shops, takeaway food and drink premises and supermarkets all nearby.
• $180,000 gross income when fully let
• The property offers the flexibility of up to 8 tenancies , it is currently 90% leased.
• It boasts excellent exposure to passing vehicular and pedestrian traffic.
• Dual street frontage to Junction Street and Schofields Lane
• This opportunity is one that will suit an owner occupier, investor, or a combination of both.
• The B3 zoning of this property allows for a broad range of commercial use.
Nowra is a regional centre on the New South Wales South Coast approximately 160 kilometres south from Sydney. It has a population of approximately 34,000 and is the main administrative centre for the City of Shoalhaven which has a population of approximately 100,000 with 6% growth over the past five years.
Substantial recent upgrades to the road system between Wollongong and Nowra, have seen travel times cut significantly, which has proved to be a positive for the Nowra CBD and the Shoalhaven Region in general.
Truly an opportunity that cannot be missed!
To arrange an inspection or to request an Information Memorandum contact the selling agent Professionals Real Estate Nowra
Property ID: 1247897