Tenanted investment with options to 2031
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Property Information
- Floor area approx 316sqm
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This is a fantastic addition for your investment portfolio. Set on a level 2354sqm parcel of land, the property is currently utilised as a swim school. Leased until 2021 with 2x5 year options through to 2031. Newly renovated bathroom and pool facilities with DA approval for a caf.
- Near level block with scope for future development (STCA)
- Fully heated 16 metre indoor swimming pool
- Leased until July 2021 at $66,000 per annum incl GST
- DA approval for caf and building improvements
- Zoned a mixture of R2 Low-Density Residential & RE1 Public Recreation
Location and Amenities
Nearby Government Schools
Lindsay Park Public School, Figtree Heights Public School, Nareena Hills Public School, Wollongong West Public School, Mount Keira Public School, Figtree High School, Keiraville Public School & Mount St Thomas Public School+22 more
Nearby Private Schools
Edmund Rice College, St Therese Catholic Primary School, The Illawarra Grammar School, St Brigid's Catholic Primary School, Alesco Illawarra, Aspect South Coast School, North Wollongong, Illawarra Christian School & St Pius X Catholic Primary School+14 more
Contact for more information.
2/63 Burelli Street
Wollongong
NSW
2500
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