Share this property


104 Worrigee Street Nowra, NSW 2541


For Sale

104 Worrigee StreetNowra, NSW 2541

Shop & Retail • Showrooms & Bulky Goods • Other
Sale Price

Contact Agent

Land area

0.65ha (1.62 acres)

Floor area


Parking info

90 on site

Property extent


Tenure type

Tenanted Investment

Tenanted Investment Details

Fully Leased
Est. Incomep.a.
Number of Tenants
3 Tenants
Tenants / Type
Petbarn, IGA + Liquor

Rarely Available Retail Investment - Hold, Value Add, Develop

  • Long term tenants - Petbarn and IGA
  • Value add/development potential
  • Net Income $531,601 pa + GST
Cushman & Wakefield are pleased to present to the market 104 Worrigee Street, Nowra for Sale via Offers to Purchase.

The property has the following key characteristics:

• Petbarn - 8 year lease to 2023 plus options to 2038 . Subsidiary of ASX listed Greencross Ltd with over 400 practices and stores in Australia & New Zealand
• IGA Long term lease plus options to 2030. Independent Grocers of Australia (IGA) is owned by grocery distribution and hardware giant Metcash. IGA has a network of over 1,400 franchises
• IGA Liquor operating as a retailer & distributor and part of the IGA
• Large 6,542 sqm corner site with 3 street frontages
• 2,505sqm of total multi-tenanted building area
• Low site coverage adding room for development (approximately 38%)
• Highly exposed site facing the busy Princes Highway
• Strategic location in Nowra’s Central Business District, positioned directly across from the Nowra Stockland Shopping Centre and benefiting from the NSW and Australian Government Roads and Maritimes $155M Princes Highway bridge upgrade project
• National brands rarely offered to the open market
• 90 on site parking spaces
• Value-add potential/development upside with low site coverage
• Net Income $531,601 pa + GST (estimated fully leased)

For more information please contact the Exclusive agents at Cushman & Wakefield.

Property ID: 503164394Last Updated: 10 Jul 2019

104 Worrigee Street
Nowra, NSW 2541

Agency contacts

Cushman & Wakefield - Sydney

View Profile

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
progress tick

Sending email...

Email enquiry

Send to:

Geoff Sinclair
Cushman & Wakefield - Sydney
104 Worrigee Street Nowra, NSW 2541

I’m interested in this property. Could you please provide me with more information.

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call