$1,490,000

16-24 Yarragee Road Moruya, NSW 2537

Money In The Bank

Large commercial sites like this are just not around anymore, so make the wise move and give this one a good look.

- Existing 6 industrial units with a lettable floor space of 1,360sqm on a 2000sqm section.
- Balance of land is 16,900sqm, almost level and easy to build on.
- 4 of the units are leased with an approx return of $67,000 which would increase if the vacant unit is let.
- 2 units are currently vacant. Possible return with all units leased would be approx. $92,695.
- Fully fenced premises
- Each unit has a bathroom/kitchenette

With major infrastructure works in place around the South Coast the Eurobodalla area is on the move. Sub-divide some off and sell or develop more units of your own and increase your rental yield in a time frame that suits yourself.

With easy access close to the town with other commercial sites around, the property is well worth considering.

Key details

  • Property Type Industrial
  • Block Size 1.89 sqm
  • Date Listed 17-02-2020