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Burgess Rawson - Brisbane

20 Underwood Street Corrimal, NSW 2518

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20 Underwood Street,
Corrimal, NSW 2518

Medical & Consulting • Offices • Shops & Retail

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$375,118
Number of Tenants
3 Tenants
Tenants / Type
Medical

Private inspections

to arrange a private inspection.
Burgess Rawson - Brisbane
Andrew Havig

Burgess Rawson - Brisbane

Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Brisbane
20 Underwood Street
Corrimal, NSW 2518

Map of 20 Underwood Street

Directions
  • Train stations within 5 km of 20 Underwood Street, Corrimal, NSW 2518Distance
    Corrimal Station1 km
    Bellambi Station1.5 km
    Towradgi Station1.6 km
    Fairy Meadow Station2.8 km
    Woonona Station2.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 20 Underwood Street, Corrimal, NSW 2518Distance
    Living Hope Baptist Church, Princes Hwy60 m
    Princes Hwy After Collins St193 m
    Corrimal Memorial Park, Princes Hwy231 m
    Princes Hwy Opp St Columbkille's Corrimal Primary School240 m
    Princes Hwy After Railway St339 m
    POWERED BY HERE ©
POWERED BY HERE ©

Premium NSW South Coast Freehold Medical Investment

  • Diverse medical tenancy profile
  • 1,981sqm* freehold site
  • 6km* to Wollongong CBD
Burgess Rawson is pleased to offer to the market 20 Underwood Street, Corrimal NSW for sale via Expressions of Interest.

The property has the following investment highlights:

+ Diverse essential service tenancy profile with three leading national & established medical tenants - Ekera Dental, Marsden Psychology and Southern Respiratory & Sleep Specialists
+ Favourable rental growth with a mixture of CPI & fixed 3% annual rent reviews providing guaranteed rental growth
+ Modern 981sqm* double-level centre with state-of-the-art facilities and ample on-site carparking
+ Significant 1,820sqm* corner landholding centrally located in the Corrimal Business District
+ Tenants pay outgoings as per the lease
+ Surrounded by essential social infrastructure including 10+ schools servicing 10,500+ full time students within a 3km radius*
+ Located 150 metres from the Coles anchored Corrimal Park Mall and 450 metres from Corrimal Village anchored by Woolworths & 35+ specialty retailers
+ Corrimal: sought after location in NSW’s South Coast, 6km* to Wollongong CBD, south of Sydney
+ Wollongong: thriving region south of Sydney set to grow to more than 270,500 people by 2041
+ Estimated Net Income: $375,118 pa* + GST

For sale via Expressions of Interest closing Wednesday 27 March 2024 at 4pm AEDT (if not sold prior).

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

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Property ID: 504526956Last Updated: 27 Mar 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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