6 Bunga Street, Bermagui NSW 2546

Properties in the tightly-held town centre of Bermagui don't come on the market very often.
This property consists of two separate shops in central Bermagui with a private residence attached. The central location offers long term reliable commercial rental opportunities.
Both shops are currently on long term leases:
Shop 1 - Until June 2024 with the option to renew for another 2 years.
Shop 2 - Until June 2027.

The current commercial leases allow for a CPI increase at the anniversary of the lease commencement each year. Each tenant is required to pay 33.33% of outgoings with the owner paying the remaining 33.33%.

The residential premises are untenanted as the owners use it for family holidays.

With the three-bedroom house rented permanently, the total potential annual income would be approximately $47,000.

All documentation available.

Call Steve from LJHooker Narooma for more information.