Leased till 2021 at $495.36 Per Week + Gst
Ray White Shellharbour City Commercial presents a fully leased investment opportunity in the Heart of Corrimal on the Princes Hwy.Rent $495.36 Per Week (plus. Gst) with 4% Fixed annual increases,Tenant Pays all outgoings, Leased till 2021Set in a central location in the heart of Corrimal north of Wollongong. Total area approx 109m2 including an approx 15m2 car parking space. Leased to Cash X Change.Quality building constructed 2007.
The size of Corrimal is approximately 5.1 square kilometres. It has 25 parks covering nearly 29.1% of total area. The population of Corrimal in 2011 was 6,324 people. By 2016 the population was 6,496 showing a population growth of 2.7% in the area during that time. The predominant age group in Corrimal is 50-59 years. Households in Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corrimal work in a professional occupation. In 2011, 67.3% of the homes in Corrimal were owner-occupied compared with 66.1% in 2016.
Corrimal has 3,755 properties.
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