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New Lambton
29-39 Alma Road

For Sale

Strip Retail Investment Opportunity

Secured by six tenants, this newly appointed strata titled property is being sold in-one-line. The established building is an extension to the recently constructed Belvedere Apartment Complex (due for completion mid December 2020). The property will benefit from a new roof, refurbished awning and infrastructure services throughout.

The property is located on a busy intersection which services Newcastle and its western suburbs. Nearby services include banks, supermarket, coffee shops and more. John Hunter Hospital and Newcastle University are in close proximity.

- Income $63,237 per annum plus GST
- Four lot stratum complex with main road exposure
- 100% occupancy
- Excellent rental history with established long term tenants
- Rental growth opportunity
- Being sold in-one-line

*Approximately

Auction to be in Sydney rooms Tuesday 8th December 2020 at 11:00am (AEDT)

Property Id44741100425
Property TypeRetail/Shopping centres/Petrol stations
StatusFor Sale
CityNew Lambton
Postcode2305
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Adam Leacy
Partner | Commercial

0421 613 160

adam@commercialcollective.com.au