Level GF/3/128 Belinda Street, Gerringong

Retail

Secure Investment Opportunity – Gerringong Retail – NO GST applicable on sale price
An outstanding opportunity to acquire a ground floor retail investment in the heart of Gerringong with completed fit-out and nothing to spend, offering investors an attractive combination of secure income and an established tenant.

Positioned at G03/128 Belinda Street, Gerringong, this well-presented 85sqm ground floor retail premises is leased to an established local business that has been successfully operating in Gerringong since 2017.

The property currently provides a strong net rental return of $55,000 per annum, secured by a 3-year lease with 3 year option, providing the incoming investor with immediate income and confidence of tenure.

Investment Highlights
* 85sqm ground floor retail premises
* $55,000 net annual rental return
* 5.8% NET return on investment
* 3-year lease in place with 3-year option.
* 2 allocated basement car parks
* Established tenant operating in Gerringong since 2017
* Immediate income-producing investment
* Prominent ground floor retail position
* Located in the established Gerringong commercial precinct

With a proven tenant, a secure lease and a $55,000 net annual return, this property represents an appealing investment for private investors, SMSF purchasers and those seeking a quality commercial asset with reliable income.
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