Industrial/Warehouse for Sale

Narooma 

Expressions of InterestPlay Video
  • Land: 1,908m² (0.47 acres)

Inspections are available by appointment only. Contact the agent to request an inspection.

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Industrial/Warehouse for Sale in Narooma

Marine and Automotive Business with Property Investment Opportunity - Commercial Listing

  • Land: 1,908m² (0.47 acres)

Exceptional opportunity to acquire an ideal site prime for Re-development based in the beautiful South Coast location of Narooma, NSW. This opportunity comprises three (3) sites with the option to buy separately or combine giving this an expanse of versatility and potential. Each Lot boasts dual street frontage and central positioning to the area. Additionally, the Auto and marine business on premises is available and displays impressive potential for growth and/or redevelopment.

The business currently has a current profit annualization of $340,000 for 2017!

Location Details
Based in the beautiful South Coast location of Narooma, NSW, this business is in the main hub of the town and located next to all major caravan parks, positioned to capitalize on holiday business. This business has a unique marketing opportunity and the potential to work with other local businesses.

Potential
A great amount of potential exists here to fully optimize the opportunity given, especially when taking into consideration the locations dual street frontage and current overall performance. There are many avenues in which to explore which all benefit from a fantastic foundation.

3 Sites Many Opportunities

1 - Operate the business under management or as an owner-operator and receive excellent returns on your investment.

2 - Add one of the additional sites and grow the business! For a marine and automotive business, an easy expansion would be into a related area, e.g.
a. Boat sales
b. Car sales
c. Expand the workshop areas of the business and move the marine equipment store to the second site, also allowing for expansion of this arm of the business.

3- Develop the two additional blocks. Zoning allows for a barn-warehouse style commercial building to be built on either block (in the style of the current business premises) which could simply be on-sold or leased to a complementary business (Tyre outlet, specialist auto equipment shop/franchise, fishing tackle shop) and add additional income to your portfolio.

Skills
Re-development experience would be beneficial, but overall an acquired scope for the prime potential of this opportunistic gem is paramount!

Hours
Monday to Friday 8am - 5pm
Saturday 9am - 12pm

For more information on this opportunity, please contact the undersigned:

Paul Smith
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0420 550 433 T: 1800 858 696 E: p.smith@raywhite.com

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Land:

1,908m² / 0.47 acres

Categories:

Industrial/Warehouse, Retail

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