7 / 7 Coronation Avenue, Pottsville, NSW 2489
Last updated: 23rd October 2021
Listing ID: 2350
- 5 Parking spaces
- 220.0m2 Floor area
COMMERCIAL PROPERTY FOR SALE – THRIVING LOCATION – OFFERS CONSIDERED OVER $1,800,000.00 - WITH LEASE OR VACANT
Phone enquiries - please quote property ID 16251.
Freehold commercial shop situated in the main hub of Pottsville, just 250m from the Creek & Beach. Pottsville is the 3rd Fastest Growth area in NSW. We are now being dubbed the New Byron Bay.
Huge tourist area
Sound Tenant or Empty Premises to relocate your Own Business.
There is no Retail space in Pottsville to rent or buy, so very Exclusive property.
Pottsville Beach is one of the many beaches located on the Tweed Coast. The coast is famous for its beaches, surfing, fishing, reserves and beachside parks. The creeks and estuaries around Pottsville are great for canoeing, fishing and swimming, especially with children.
Located east of Mount Warning, Pottsville offers a variety of mainly budget accommodation including caravan parks, cabins, holiday flats and motels. Boat launch ramps are available at Pottsville and Hastings Point and Mount Warning and Nightcap National Parks are about 40 kilometres away.
This commercial property for sale is part of a strata title with two other adjoining shops. Currently tenanted with successful Hardware/Mixed Business (same owner for over 34years). A long term lease of 3*3*3 will be in place,or you can buy the premises out right empty, ready to create your own business.
The shop is within a Strata, constructed from brick with metal roof and covers a 220m2 area, including double garage/storage area. It includes an undercover exclusive use area on entry for display + double garage/storage. This display area could be built on in the future offering further development and opportunity. The shop has front and rear access along with a rear loading dock. The shop adjoins the side access (this could be sold off to current unit owners for development, or all owners could be a part of a co-development of the area & on sell the finished premises). Note: there are already 2 residential units upstairs above the complex, which have their own access.
Five customer onsite parking and front & back council parking available
Outgoing costs for the premises are very low.
Solar electricity and low body corporate fee's along with water meters for each unit means very big savings for the Unit holders.
Pottsville is a thriving coastal town with all amenities including 2 primary schools, IGA, FoodStore, Medical centers, Community Centers, Ambulance Station, Fine Dining Restaurants and much more and is set for a massive expansion over the next few years. It is only 20 minutes’ drive to Coolangatta airport, 25 minutes to Byron Bay and 1.5 hours to Brisbane CBD.
Pottsville has been classed in the top five desired places in Australia to live, especially with Covert, it has boomed.
This prime located commercial property is a solid investment with solid tenant, or empty.
Net Return on Investment would be 7.5%, plus 4%per Annum Rental Increase or CPI.
Enquire today to find out more.
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