236 Princes Hwy 10,193 SF 100% Leased Industrial Building South Nowra, NSW 2541 $3,707,860 ($363.75/SF)

236 Princes Highway, South Nowra presents a rare opportunity to acquire a substantial multi-tenant commercial site with significant development potential in one of the South Coast’s fastest-growing commercial hubs. The property spans approximately 4.07 hectares with an impressive 80-meter frontage to the Princes Highway, ensuring exceptional exposure and accessibility.
Currently generating a gross income of $223,662 per annum (ex GST) from two established tenants, the site offers immediate income security while providing scope for future expansion. Approximately two hectares of the land remain undeveloped, with fill already in place, making it ideal for additional tenancies or owner-occupier development.
The property is zoned predominantly E3 Productivity Support, with a small rear section zoned C2 Environmental Conservation. Future infrastructure improvements, including a proposed link road, could enhance subdivision potential and create dual street frontages.
Strategically located in South Nowra’s established commercial precinct, the site benefits from recent regional infrastructure upgrades such as the Nowra Bridge project and the Berry and Albion Park bypasses. The area’s growing economic base, supported by major expansions at HMAS Albatross and the local correctional facility, further strengthens the long-term viability of this investment.