Positioned in the retail heart of Umina Beach one of the fastest-growing coastal suburbs. Tightly held freehold property where opportunities of this scale seldom come to market.
Just 80 km north of Sydney and 4km to Woy Woy train station . This property has a diverse mix of tenancies with an extensive street frontage to both West Street and South Street. Opportunity to expand the existing improvements where large scale freehold assets are rarely offered for sale.
Key investment highlights include:
- Irreplaceable freehold property, corner position with potential uplift
- Strong population growth, future development potential
- Land size of 1347 m2 with a double street frontage and additional rear lane
- Frontage to West Street 18.3m and South Street 45.7m plus rear lane access
- Combined estimated gross rental return of $651,000.00 (plus GST) with scope for expansion.
- Potential to increase the lettable area, by adding another level to the top 1(Subject to Council Approval)
- Opportunity for owner-operators and savvy investors to acquire a prime piece of real estate in a highly sought-after location.
- Popular tourist destination with strong population growth.
