37 King St 13,336 SF 100% Leased Retail Building Warrawong, NSW 2502 For Sale

This exceptional investment opportunity features two newly constructed, high-profile assets in the heart of Warrawong’s thriving retail precinct. Anchored by nationally recognized tenants Ampol and Red Rooster, the property offers investors a secure, long-term income stream with a combined net income of $605,887 per annum. Both tenants are secured on robust leases extending to September 2035, underpinned by fixed annual rent increases of 2.5% or 3%, delivering predictable growth and stability.
Strategically positioned along King Street, a major arterial road with over 40,000 vehicles passing daily, the site boasts more than 105 meters of combined frontage, ensuring maximum visibility and accessibility. The property benefits from its proximity to major national retailers including Woolworths, Coles, and ALDI, reinforcing its position within a dominant retail hub. Located just 10 minutes from Wollongong CBD and 75 kilometers south of Sydney, the asset is ideally situated to capture the region’s strong population growth and infrastructure investment.
With flexible E2 Commercial Centre zoning, a generous 24-meter height limit, and an FSR of 2.5:1, the property offers significant long-term development potential. This rare opportunity combines secure income, prime location, and future upside, making it an outstanding addition to any investment portfolio.