110 Wagonga Street, Narooma, NSW 2546

Commercial premise with extensive vacant land for sale - Prime Location in the heart of Narooma

This prime property offers a fantastic opportunity for existing income and future development

Centrally located, this large retail space has high turnover parking at the front door for customers and rear access for deliveries.

500 plus sqm to rear could be subdivided (STCA) without affecting the existing lease

Rear carpark would benefit rear potential development

Exclusive access from Council carpark at rear

Close to Post Office and banks in the mid - town centre

Solid tenant with secure lease until Feb 2028 with yearly 3.5% increases

Existing retail floor space approx 284.9 sqm

Total land area approx 1008 sqm

Current lease $40,365/yr + GST plus outgoings (below market average!) (inc $6792 land rates and $120 water rates approx)

Zoned - E1- Local Centre

Lot 2 DP 396872

Major renovation in 2017. Plans for completion of shop front available to view, ability to go to another level to take in the fantastic northern views over the inlet and ocean STCA.

Call Whale Coast Realty 02 4476 2699 for more information or a contract.