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Executive Summary - 10 Norfolk Avenue, South Nowra

Page 1

EXECUTIVE SUMMARY

Property Address

10 Norfolk Avenue, South Nowra, NSW, 2541

Legal Description

Lot 19 in DP718529

Property Description

A versatile freestanding warehouse located on a prominent corner suitable for investors, owner occupiers and developers. Short and long term tenancies offer rental income and flexibility. The property has a huge 1,250 amp power supply for manufacturing, up to 6 meters clearance, three loading docks, access via two streets and ample onsite parking.

Location

Strategically positioned on a high -profile corner within the Flinders Industrial Estate. Easy truck access and only minutes to Princes Highway for South and North bound transport.

Zoning

E4: General Industrial

Site Area

3,524m 2

Building Area

1,600m 2 (approx.)

Passing Income

$159,600 + GST pa net

Asking Price

$ 2,900,000

LEIGH BURGES MMJ Real Estate Wollongong 0477 988 874 leigh.burges@mmj.com.au

MICHAEL FARINA MMJ Real Estate Wollongong 0421 522 713 michael.farina @mmj.com.au


TENANCY SCHEDULE Tenancy

Area (*approx.)

Lease Commencement

Term

Rent

3+3+3

$31,800 + GST + outgoings

2+1

$127,800 + GST + outgoings

OFFICE North Shoalhaven Meals on Wheels Ltd

160m 2 *

1 July 2024

WAREHOUSE

Bakers Bites Pty Ltd

1,278m 2 *

1 September 2026


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