2/114 WAGONGA STREET, NAROOMA

FOR SALE
$

COMMERCIAL INVESTMENT......

Prime main street location next to the National Australia Bank. Existing food business on a registered 5 year lease with further 5 year option. Current net return of 6.5% is well beyond the return bank interest and residential property can provide. A great one to start or add to your investment portfolio.

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We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations...

  • Property ID: 3646
  • Occupancy: VACANT
  • Whole or Part Building: PART
  • Frontage: NSWs
  • Municipality: NAROOMA
  • Available: Wednesday 3rd April, 2019
  • Property type: RETAIL
  • Listing type: FOR SALE
  • Land Size: NSW Square
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Ben Bate Real Estate
NAROOMA NSW 2546

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I presented Ben Bate with my holiday house on 8th December 2018. I knew there were quite a few problems. The development application had expired and the building was well run down and hardly in a state to live in. Ben Bate was happy to take on the challenge and, thinking it may be attractive to a local builder, we asked for a high price of $460,000. From this exercise we received an offer of $400,000. We rejected this offer thinking that at this early stage we had not tested the market and we reduced the price to $430,000. After two weeks without any response we reduced the price to $400,000, at which price with a few minor adjustments we sold. Ben Bate kept me well informed all the way, keeping me updated on all the inspections with them and recommendations, until a sale eventuated. I would congratulate them on their persistence, their ease of communication and their well balanced recommendations. Yours sincerely, David Kerrigan.

- David Kerrigan

Thank you team for the great job you did on selling our apartment, especially to Aiden who answered all my stupid questions and making the whole process easy and stress free. Thanks again and Happy Easter, regards Kitty.

- Ivan and Kitty

Belinda was the first Real Estate Agent that we dealt with that provided amazing customer service. She was honest, Prompt with her replies and information. She was helpful and lovely to talk to. Finally someone we felt we could trust. Thankyou.

- Lindy and Justin