Retail commercial investment development property – with plenty of upside potential
- In summary an opportunity for a developer/investor to purchase approved retail development site in growing NSW south coast. Next to proposed large residential subdivision and surrounded by popular beaches and holiday attractions. Around 3 hours from Sydney and Canberra.
- To begin with Stage One is fully leased. This includes a major national supermarket, Bottle Shop and Chemist.
- Stage Two and Three includes a proposed Tavern plus commercial office area. Subject to council approval there is a possibility of utilising this commercial office area for residential/ holiday letting/tourist uses.
- Based on current lease commitments the completed project is estimated to achieve a net income of around $549,000 pa in the first full year of full tenancy.
- Finally secure a great future cash flow investment now.
- Expression of Interest can be submitted to Con Tastzidis. Either via email at email@example.com or contact on mobile 0403 118830 for further details.