An exciting opportunity to secure a high quality and long leased office building together with an adjoining development site has hit the market in Wollongong last week.
With a 5 Star NABERS Rating, 280-286 Keira Street boasts a substantial income coupled with significant building depreciation allowances. An additional development opportunity is available from the adjoining 35 Kenny Street land.
280-286 Keira Street benefits from a long lease to One Path Administration (100% ANZ owned) with the lease representing 96% of the passing annual $2.7m net income.