Affordable Freehold South Coast Investment Anchored by Bottle Shop
5 Tallyan Point Road , Basin View NSW
Property Highlights
Description
For Sale by Deadline Private Treaty
Closing 4pm AEDT Wednesday 5 December 2018
Versatile 250 sqm building plus parking on large 1,024 sqm landholding
B2 Local Centre Zoning allowing multiple future uses (STCA)
Tallyan Point Road: focal point of Basin View adjacent to boat ramp, childcare centre, shopping centre as well as wider South Coast region
25 km south of Nowra, benefitting from increased tourism, population growth and major road upgrades within 2.5 hrs drive of Sydney
Anchored by long-standing liquor store plus local dance studio
Liquor store: 5 year lease until November 2020 plus option to 2025
Easily managed investment
Net Income: $36,623 pa + GST
Indicative Price: $490,000 (circa 7.5% yield)
Property Details