140 Terralong Street, Kiama NSW 2533

This outstanding central Kiama property offers so much in a prime location opposite the Woolworths centre carpark. Boasting three separate shops ranging in size from 32m2 to 49m2 along with a 4 bedroom home.

The house configuration offers scope to divide into a 3 bedroom and 1 bedroom residence allowing additional income stream.

Zoned B2 Commercial you may want to reap the rewards of this income producing property in its current form and perhaps plan for redevelopment in the future. Construction of the shops allows for further development above, STCA. An 11 metre height restriction and 1:1.5 build ratio will maximise your potential.

Income potential of up to $83 000 pa from the current improvements makes this a very attractive proposition being all on one title. The demand for retail space in Kiama is high with any vacant premises soon being snapped up.

This property will be sold at auction if not before.

For further information please call Rob Havasi at Ray White Kiama on 0413 263655.