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Nowra House & Home
28 Central Avenue, South Nowra NSW
Investment Highlights
- 100% leased to national & government tenants located within the NSW South Coast’s leading large format precinct
- 8 high quality tenants including Spotlight, Pillow Talk and BCF over a total GLA of 8,096 sqm* with 160* highly convenient at-grade car spaces
- Strong WALE of 4.7 years* (by area) with all leases subject to fixed 3-4% or CPI based annual reviews
- 1.87 hectare* site with significant 230m* main road frontage, directly opposite Harvey Norman
- High growth location: average population growth of 2.4% per annum from 2011-16^
- Net income of $1,453,646* p.a. (currently fully leased)
*Approximate
^Source: Location IQ mapping source, 5km radius