3/35-37 Coral St, The Entrance is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in The Entrance in the last 12 months.
Situated in the hugely popular seaside town of The Entrance NSW in a fantastic, prominent location is this quality tenanted office/retail premises now available for sale!
With 54m2 approx. of internal lettable area & 20m2 approx. car space/storage area, this premises is the perfect entry level investment & will suit a wide range of tenancies from office to retail use!
The premises is currently leased to a local fashion retailer utilising this superb location selling their decadent clothing & accessories. The tenant is currently trading however has not renewed their option preferring to vacate around mid 2024. The lease expires 31/03/24 & will be month to month from that date if the lessee/lessor agree for the lessee to remain until mid-year.
This paves the way for a new vendor to either occupy the premises with their business taking advantage of this stellar location or lease the premises to a new quality business.
Features include:
Professional glass shop front
Highly exposed location
Opportunity to occupy
Currently tenanted 3-6 months
Quality modern fit out
High foot traffic location
Proximity to public transport
For more information or to arrange an inspection, please contact Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today.
The size of The Entrance is approximately 1.6 square kilometres. It has 5 parks covering nearly 15.8% of total area. The population of The Entrance in 2011 was 3,872 people. By 2016 the population was 4,020 showing a population growth of 3.8% in the area during that time. The predominant age group in The Entrance is 60-69 years. Households in The Entrance are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Entrance work in a professional occupation. In 2011, 32.8% of the homes in The Entrance were owner-occupied compared with 36.5% in 2016.
The Entrance has 4,336 properties.
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