INVESTMENT OPPORTUNITY / DEVELOPMENT POTENTIAL. RECEIVER SALE

  • $2,700,000/POA

Property Description

Stonebridge Property Group and Ray White Thirroul are exclusively appointed to market for sale 303-307 Lawrence Hargrave Drive and 1-3 Raymond Road, Thirroul, NSW, an established investment opportunity with a wide range of development potential.

The Property benefits from the following key investment highlights:
• Located in a thriving beachside hub, servicing the 6 towns of ‘the northern suburbs’ of Wollongong;
• 7 shops and 2 first floor tenancies, across 3 freehold titles;
• A prominent 1,442*sqm corner site with mixed-use development potential (S.T.C.A);
• Located in the retail core, close to the railway station and the beach; and
• Current net income of $182,424* per annum.
*Approx.

Please be aware that the Public Auction will take place on Tuesdeay 7th of September 2010 at 10.30am (AEST).

We look forward to discussing this exciting opportunity with you in further detail.

Property Code: 80

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