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
|Gross Building Area