WOLLONGONG_My Baby Warehouse

398 398 keira street, wollongong

Price on Request

Property Details

Prominent freehold bulky goods retail investment.
7 year lease from June 2013 plus options till 2040.
My Baby Warehouse has 22 stores across NSW, QLD, ACT & WA.
Site utilised for baby goods retailing for over 12 years.
Attractive 4% annual rent increases.
Large 1,958 sqm prominent corner site.
Over $300k spent on complete refit of showroom floor completed recently.
Dual street frontage with on site customer parking.
Well presented 1,276 sqm showroom premises + mezzanine.
Tightly held precinct close to Wollongong CBD and My Baby Warehouse distribution centre.
Easily managed single tenanted investment.
Net Income: $206,221 pa + GST (est. as at 1 Jan. 2015).

Simon Staddon 0413 640 851
Kieran Bourke 0417 418 007

CO-AGENT: WHK Commercial Property
Harry Stefanou 0413 737 585

Featured Details

Gross Building Area 1276 sqm
Land Size 1,958 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: 1366

Thank you for showing interest in us.

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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