Fully Leased Mixed-Use Investment with Iconic Covenant

MMJ Wollongong is pleased to present 435 Princes Highway, Corrimal, an extraordinary opportunity to acquire a fully-leased, mixed-use asset comprising a renowned, long-established retail tenant on the ground floor with two generously sized residential apartments above.

Key Highlights:

• New 5 + 5 year lease to long-term anchor retail tenant Ceasar's Chicken
• Level 1 features one 3-bedroom and one 2-bedroom apartment
• Generating a total passing income of $206,782.92 p.a. net + GST
• Highly exposed 898m2 site fronting a busy section of the Princes Highway
• Flexible E3 Productivity Support zoning in Northern Suburbs hot spot