104 Fern Street,
Gerringong, NSW 2534
Shops & Retail • Hotel, Motel & Leisure • Other
Key property information
Land area
Floor area
Car spaces
Property extent
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Map of 104 Fern Street
Work, Rest 'n' Surf
• Prime location at the seaside village of Gerrigong
• Strong rental return of $250,000 per annum
• Building size 1415 square meters
McLaren Real Estate are pleased to present to the market Shops 1, 2, 3 & 4/ 104 Fern Street, Gerrigong. Cloud 9 boasts four prominent modern, retail shops located in the infamous, seaside town of Gerrigong. Gerringong is a short drive south of Kiama, 35 minutes from Wollongong and under two hours' from Sydney along the scenic Grand Pacific Drive. The property is currently leased to four tenants, including a restaurant, café, an ice-creamery and a boutique clothing shop with a total annual net income of $250,000 from these four commercial leases. Car parking includes undercover basement with 7 spaces and a private lift to take you to your street level retail shops as well car parking for a further 6 cars just out the front.
You can increase your income with holiday rental of the stunning penthouse with amazing ocean views. Cloud 9 is an eminently spacious three-bedroom penthouse, designed with manoeuvrability in mind, and a healthy respect for natural lighting. The ceiling-high glass walls grant constant, gorgeous ocean views, and keep you connected with Gerringong's vibrant beachside atmosphere 24/7.
This unique opportunity doesn't come around very often. Perfect for those looking for a life of sunny, beachside luxury, or an incredible investment opportunity in both holiday rental and retail tenancy, 104 Fern Street offers simply unbeatable value.
Other features include:
• Land size – 577 square metres, building size 1415 square metres
• Luxury 3-bedroom penthouse with stunning ocean views
• Four tenanted retail shops below the home
• Outdoor deck and rooftop swimming pool, and indoor sauna
• Short walk to Werri Beach
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
• Strong rental return of $250,000 per annum
• Building size 1415 square meters
McLaren Real Estate are pleased to present to the market Shops 1, 2, 3 & 4/ 104 Fern Street, Gerrigong. Cloud 9 boasts four prominent modern, retail shops located in the infamous, seaside town of Gerrigong. Gerringong is a short drive south of Kiama, 35 minutes from Wollongong and under two hours' from Sydney along the scenic Grand Pacific Drive. The property is currently leased to four tenants, including a restaurant, café, an ice-creamery and a boutique clothing shop with a total annual net income of $250,000 from these four commercial leases. Car parking includes undercover basement with 7 spaces and a private lift to take you to your street level retail shops as well car parking for a further 6 cars just out the front.
You can increase your income with holiday rental of the stunning penthouse with amazing ocean views. Cloud 9 is an eminently spacious three-bedroom penthouse, designed with manoeuvrability in mind, and a healthy respect for natural lighting. The ceiling-high glass walls grant constant, gorgeous ocean views, and keep you connected with Gerringong's vibrant beachside atmosphere 24/7.
This unique opportunity doesn't come around very often. Perfect for those looking for a life of sunny, beachside luxury, or an incredible investment opportunity in both holiday rental and retail tenancy, 104 Fern Street offers simply unbeatable value.
Other features include:
• Land size – 577 square metres, building size 1415 square metres
• Luxury 3-bedroom penthouse with stunning ocean views
• Four tenanted retail shops below the home
• Outdoor deck and rooftop swimming pool, and indoor sauna
• Short walk to Werri Beach
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Gerringong, 2534 demographic data
The median household income for Gerringong is $1,899, 32% higher than Regional New South Wales's household income of $1,434. Gerringong has an older age profile compared to the rest of Regional New South Wales (median age 46 vs 43). Property ownership data shows 40% of property owners in Gerringong have a mortgage.
4,165
Population
$1,899 per week
Median household income
46 years
Median age
Owners
Most residents
Families
Most households
04142400...
104 Fern Street
Gerringong, NSW 2534
McLaren Real Estate - NarellanShop 9, 23 Fairwater Dr
HARRINGTON PARK, NSW 2567
HARRINGTON PARK, NSW 2567
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