Sold

G9/128 Belinda Street,
Gerringong 2534, New South Wales

2 car spaces
95m² building size
Retail

Price withheld


Property details

PREMIUM DUAL-INCOME COMMERCIAL INVESTMENT

Ray White Commercial Sydney North is pleased to present G09, 128 Belinda Street, Gerringong for sale via Private Treaty.

A premium dual-income commercial investment positioned within one of NSW's fastest-growing lifestyle destinations, benefiting from increasing visitor numbers, a strengthening local economy and secure long-term leases to established businesses.

This modern 95 sqm* commercial suite features two individual office spaces, fully fitted with premium fixtures and high-end inclusions, with an additional 25sqm* terrace, 77 sqm* exclusive use space directly in front of the suite and two spacious 26 sqm* car spaces currently being used as storage cages. Each office is thoughtfully designed with Caesarstone benchtops, natural stone splashbacks and custom solid timber feature cabinetry. With a mix of one full kitchen, two kitchenettes, a bathroom, and a laundry, these spaces cater perfectly to small businesses looking for a professional, move-in-ready environment.

Currently leased to two reliable tenants on a 5+5+5 and a 2+2-year lease, this property ensures a steady income stream from day one. Small office spaces are in high demand, offering strong tenant retention and consistent rental returns.

The property currently offers a gross income of $71,291 per annum + GST*.

Belinda Street has become the major thoroughfare to the now infamous Tasman Drive, increasing the tourism revenue in Gerringong by 51.6% in the past 6 months, compared to the previous 6 months. It is also one of the two main roads connecting to The Princes Highway and serves as the commercial gateway to the Town Centre, Train Station, cafes, restaurants and retail shops.

Gerringong is known for its stunning coastal beaches, boutique shops, and vibrant community. Situated in a corner position with no adjacent neighbours, surrounded by native gardens for an exclusive and serene setting.

Investment Highlights:
• 95 sqm* + 25sqm* Terrace
• 77 sqm* Exclusive use space at the front of the suite
• 2x Car spaces (currently used as storage cages)
• Gross income of $71,291 per annum + GST*
• Dual Income investment opportunity
• CPI rent reviews to Formed Gardens and 6% rent reviews to Christie's International Real Estate
• Long lease in place to Christie's International Real Estate
• Strategically located in the heart of Gerringong's commercial hub and on the major thoroughfare to the infamous Tasman Drive.

*All figures are approximate.

For further details please contact:

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com

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