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120 WAGONGA STREET
NAROOMA NSW

$1,150,000

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120 WAGONGA STREET
NAROOMA NSW

FOR SALE $1,150,000

Caseys Corner

One of the best known buildings in Narooma and housing multiple tenants for the astute investor. Caseys Cafe has been an incredibly popular cafe since it first opened back in the 1990s and is the key tenant here. There are also two other commercial tenants as well as two very large apartments above that have been extensively renovated in recent years. The current rent is returning 5.97% Net to the existing owner. This property would enable a new owner to continue with this attractive return or use one of the apartments for themselves and still obtain a return of 4.5% Net.

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Agent:
Ben Bate
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Testimonial

Excellent personal skills - I am not always a relaxed person but I felt I was talked to and not at. My house took about 7 months to sell but I know that could have been due to a number of factors - moving into the Winter months; a garden that had its peculiarities and there was a large area of 'Council strip' to mow. Anyway, Belinda maintained personal contact and I appreciated the feedback and general encouragement. I considered taking the house off the market for a brief period but I did not consider changing Real Estate agent. By way of a small history - I put my former residence on the market a couple of years ago and then took it off rather quickly. Belinda maintained contact with me and I never felt judged for that or pressured in regard to choosing Ben Bate in any future decision.
Janet, Narooma