131-133 Balgownie Road, Balgownie, NSW

Sold | $1,805,000
Balgownie
Retail and Offices

Solid Proven Investment Opportunity

$111,032 Net income per annum
Fully Leased, 3 tenancies
519m2 freehold property
First time offered for sale in over 30 years

Landmark retail investment property in the heart of the popular Balgownie Village.

The Mini Mart occupies half of the ground floor and has been operating for over 30 years.
Beautician occupying the other half of the ground floor and half of level 1 has been operating for over 25 years.
Commercial Office suite occupying half of level 1
Allocated parking for each tenancy with access via Kembla Street.

The subject property sits proudly in the heart of the village amongst other complimentary local business'. The newly renovated Balgownie Hotel, Butcher, Cafes, Collegians Club just to name a few. Everything the family requires such as restaurants cafes, newsagent, veterinary, GP Surgery, dentist etc

With an approved development site for luxury apartments across the road, this true bustling cosmopolitan village is only going to continue to grow from strength to strength.

This rare stand alone investment opportunity is a must to inspect.

Property Type
Retail, Offices
Building Size
395 sqm
Land Size
519 sqm
Property ID:
3P7826
Auction:
Tuesday, 19th June, 6:00pm
Auction venue:
Wollongong Golf Club, Corrimal Street Wollongong
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