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73-75 Church Street
Gloucester, NSW 2422
New Price $595,000
Overview
Prime Commercial Property in the Heart of Gloucester, NSW
Located in the vibrant and growing town of Gloucester on the scenic Mid North Coast, this commercial property offers a unique investment opportunity in the heart of the town's retail and business district.
Set on a substantial land parcel of approximately 417.9 square meters, the property is held under a single title and currently comprises two separate retail shops. This configuration provides excellent flexibility for investors or owner-occupiers, allowing the space to be used as one large commercial area or divided into two individual tenancies.
The property benefits from outstanding exposure on the main street, situated centrally within Gloucester's commercial hub. It features a wide shopfront and a large awning, providing excellent visibility and prime opportunities for signage and advertising to attract customers and clients.
The building itself is solidly constructed and well-maintained, presenting a versatile commercial space. Both retail shops have convenient access from the front and rear, enhancing functionality and ease of use.
Modern amenities are included in each retail space, with individual toilets and kitchenettes. Recently installed air conditioning units ensure tenant comfort throughout the year.
This dual-tenant investment currently generates solid returns. Shop 75 is leased to a dependable long-term tenant who covers all outgoings, while Shop 73 has a new lease with a retail tenant, providing immediate rental income and also covering all outgoings.
Additional features include rear lane access and parking via Billabong Lane, offering convenience for tenants and customers. There is also potential for further development on the site, ideal for creating additional parking, storage, or office space to enhance the property's value and utility.
This property represents a compelling opportunity for those looking to expand their commercial portfolio or secure a prime investment in one of New South Wales' most desirable regional locations. With its central location, versatile layout, and strong tenant profile, it offers long-term upside potential.
Interested parties are encouraged to make their own enquiries to verify all information and explore this exceptional commercial offering further.
Location
Gloucester NSW 2422
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 108 sqm |
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