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MULTI TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE

29-35 Prospero Street, SOUTH MURWILLUMBAH NSW, 2484

For Sale

Property for Sale in 29-35 Prospero Street, SOUTH MURWILLUMBAH NSW, 2484

Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220

Listing ID:
11372525
Status:
Active
For:
Sale
Price:
$895,000
Last Updated:
11/02/2020
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Property Type

Retail
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Land Area

N/A
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Floor Area

1103 SQM
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Parking

N/A

MULTI TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE

Ray White Commercial GC South are pleased to present to the market 29 - 35 Prospero St South
Murwillumbah to the market.

Located just off Tweed Valley Way (old Pacific Highway), this is a rare opportunity to acquire an outstanding multi-tenanted investment with future development. Benefiting from excellent exposure and only a short walk to Murwillumbah CBD.

Property Features Include:
* 4 individual tenancies fully leased
* Current annual rental return of $79,355.99 net + GST
* 2,428m2 land zoned B5 Business Development
* 1,103m2 of net lettable area
* 3 street frontages
* Proposed development of balance land includes an additional 655m2 over 3 tenancies

For more details, please email agent


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Ray White Commercial GC South

2 Classic Way, Burleigh Waters, QLD 4220


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