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Colliers - Wollongong

7 Russell Street Corrimal, NSW 2518

Directions

7 Russell Street,
Corrimal, NSW 2518

Shops & Retail • Medical & Consulting • Offices

Price information

Sale

Pricing | $440,000 - $550,000

Key property information

Floor area

Car spaces

Tenure type

Private inspections

to arrange a private inspection.
Colliers - Wollongong
Taleah Thomas
Graeme Sutherland

Colliers - Wollongong

Level 2, 63 Market Street
WOLLONGONG, NSW 2500
Colliers - Wollongong
7 Russell Street
Corrimal, NSW 2518

Map of 7 Russell Street

Directions
  • Train stations within 5 km of 7 Russell Street, Corrimal, NSW 2518Distance
    Corrimal Station949 m
    Towradgi Station1.5 km
    Bellambi Station1.6 km
    Fairy Meadow Station2.6 km
    Woonona Station3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 7 Russell Street, Corrimal, NSW 2518Distance
    Corrimal Memorial Park, Princes Hwy68 m
    Princes Hwy After Railway St157 m
    Railway St at Bertram Lane202 m
    Living Hope Baptist Church, Princes Hwy207 m
    Princes Hwy After Collins St214 m
    POWERED BY HERE ©
POWERED BY HERE ©

Multiple Investment Opportunities | Purchase 1, 2 or 3

We are pleased to present this rare opportunity to purchase one, two or three strata retail investments in Corrimal CBD.

Each unit is currently leased, offering immediate income and a hassle-free investment. Whether you are seeking a stable addition to your property portfolio, or aiming to enter the commercial investment market, this is the perfect opportunity to secure an investment in a highly desirable location.

Property Highlights:
• Gross rental: $121,793.85 + GST P.A.
• Net rental: $108,162.73 + GST P.A.
• Great entry investment opportunity
• High exposure location
• Multiple shops available, purchase 1, 2 or 3
• Zoned E1 Local Centre under Wollongong City Council LEP

Shop details are broken down below:

Shop G01
• Price $440,000
• Tenant: Elite Supplements
• Floor area: 47m2*
• Lease expires May 2025
• Option: 1 x 3 year term

Shop G03
• UNDER OFFER
• Tenant: House of Brows
• Floor area: 128m2*
• Lease expires March 2032
• No option

Shop G04
• Price $550,000
• Tenant: Supercare Dental
• Floor area: 87m2*
• Lease expires January 2029
• Option: 1 x 7 year term

*Approx.

Property ID: 504585884Last Updated: 26 Jun 2024

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