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