127 Princes Highway, Ulladulla, NSW 2539

  • 630 sqm
  • 5

Sold

Sold for $1,325,000 (Nov 19, 2024)

PRIME RETAIL INVESTMENT OPPORTUNITY

Where prime retail meets unparalleled potential. This exceptional commercial offering presents a string of six retail shops, strategically positioned for maximum exposure along the bustling highway.

Boasting a commanding elevated corner position with north-facing ocean and coastline views. Situated opposite retail giants like Woolworths, Dominos, and nearby Ripcurl, Toyworld & Harris Scarfe, this location ensures a steady stream of foot traffic and business opportunities.

Five out of the six shops are currently leased, providing a solid and reliable return on investment.

Access is a breeze with five designated car spaces accessible from South Street, supplemented by rear access to each unit and ample on-street parking options.

With a Mixed Use zoning in place, the future prospects for this property are even more enticing. A potential redevelopment opportunity exists, with a DA approval valid for over four years, comprising 3 retail outlets, including a restaurant, alongside 3×2 bedroom apartments, 3×3 bedroom apartments, and two levels of convenient car parking.

Parking Bays5
ZoningMU1 Mixed Use
TenantedNo
Principal & Licensed Real Estate Agent

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L989031
  • Property Type: Retail
  • Building / Floor Area: 630 sqm
  • Car Spaces: 5
  • Land Area: 841.0 sqm
alt text