46 Central Avenue, Oak Flats, NSW

For Sale | $880,000 - $940,000
Offices

Exceptional commercial building

An exceptional commercial building with further provisions to build residential units above (stca). Centrally located a short walk to train station and only minutes to major shopping precincts, Lake Illawarra and the new Shell Cove Marina.

Unit 1 – "iCandy Balloons Pty Limited" 3 year lease. Start date 01/08/2019
Current rent $26,883 per annum incl. GST and 4% annual increases

Unit 2 – "Northcott Society" 1 year lease terms. Start date 01/01/2013
Current rent $37,580 per annum incl. GST and 3% annual increases

Unit 1 - sizable 93sqm of floor space Unit 2 - generous 175sqm of floor space

Impeccable property with excellent access and substantial parking at rear
Boasting two street access with provisions to build another level above (stca)
Busy commercial precinct minutes to major shopping districts and Marina
A fantastic investment opportunity with the ability to further enhance and maximise

Key Features
Property Type
Offices
Building Size
268 sqm
Outgoings
$5,862
Water Rate
$289.51 Quarterly
Council Rate
$1176 Quarterly
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