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174 Princes Highway Nowra, NSW 2541

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174 Princes Highway,
Nowra, NSW 2541

Shop & Retail • Showrooms & Bulky Goods • Warehouse, Factory & Industrial

Price information

Sold

$3,320,000

Key property information

Land area

Floor area

Tenure type

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Map of 174 Princes Highway

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10 Year Lease to Barbeques Galore Dominant Trader in Bulky Goods Precinct

New 10 year lease to 2024, with option to 2034
National brand with 87 stores Australia-wide
Barbeques Galore in occupation for 16 years
Building area of 1,687 sqm (land area of approx. 1.38 hectares)
Neighbouring retailers including Bunnings, a new Masters store, Fantastic Furniture and others
Value add opportunities
Substantial depreciation benefits
Attractive fixed 4% annual rent increases (income $348,000 in 2024*)
Net Income: $245,400 pa + GST (as at 17 July 2015).

Auction 2pm Tues 19 May, 50 Margaret St Sydney

Michael Gilbert 0430 024 790
Rhys Parker 0451 101 042

Property ID: 501528903Last Updated: 21 Jul 2015

174 Princes Highway
Nowra, NSW 2541

Agency contacts

Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Rhys Parker
Burgess Rawson - Sydney
174 Princes Highway Nowra, NSW 2541

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

Kind Regards,

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