7 / 7 Coronation Avenue, Pottsville, NSW 2489
Last updated: 26th January 2024
Listing ID: 2350
- 5 Parking spaces
- 220.0m2 Floor area
COMMERCIAL PROPERTY FOR SALE THRIVING LOCATION OFFERS CONSIDERED OVER $1,650,000.00 - WITH LEASE
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 one of the Fastest Growth areas in NSW. We are now being dubbed the New Byron Bay.
Huge tourist area
Sound Tenant with 10-year Lease remaining.
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. Surrounding beaches are well-liked by local and visiting surfers alike.
Located east of Mount Warning, Pottsville offers a variety of mainly budget accommodations including caravan parks, cabins, holiday flats, motels, and a number of Air B&Bs. Boat launch ramps are available at Pottsville and Hastings Point and Mount Warning and Nightcap National Parks are about 40 kilometres away.
The Coolangatta Airport has just had a large upgrade to its international section of the Airport. Pottsville is located approx. 30 minutes from the airport.
This makes Pottsville an ideal place to work for professionals, but still handy to travel quickly to domestic and international locations, without the heavy traffic delays in places like Brisbane, Sydney or Melbourne.
This commercial property for sale is part of a strata title with two other adjoining shops. Currently tenanted with successful Hardware. A long-term lease of 12 years is in place.
The shop is within a Strata, constructed from brick with a metal roof, and covers a 220m2 area, including a double garage/storage area. Currently looking at re-doing the garages & adding an upstairs office/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 are available.
Outgoing costs for the premises are very low.
Solar electricity and low body corporate fees along with water meters for each unit mean very big savings for the Unitholders.
Pottsville is a thriving coastal town with all amenities including 2 primary schools, IGA, FoodStore, Medical centres, Community Centers, an Ambulance station, Fine Dining Restaurants, and much more, and is set for a massive expansion over the next few years. Currently, the Cloes Group has an application in for a Retail Shopping Complex in Pottsville. It is only a 30-minute drive to Coolangatta airport, which has just upgraded its international section of the airport 30 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. The current tenants are classed as an essential business and have not closed over the pandemic, so rental returns have been very sound.
This prime-located commercial property is a solid investment with a solid tenant in place.
Enquire today to find out more.
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