Investment Property with National Tenant
Located on a prominent corner position with wide frontages to main roads.
Currently leased to Macpac (adventure equipment and clothing business) for 5 years. Current gross rent is $132,300 plus GST. Lease expiry October 2017. 5% annual increases. Zoning B4 mixed use zone.
Central location situated directly opposite the Marketown Shopping Centre, which is home to Coles, Woolworth's, Dick Smith, Big W & Dan Murphy's. Other businesses located within walking distance of the property are JAX Tyres,... [More]
Investment Property with National Tenant
Located on a prominent corner position with wide frontages to main roads.
Currently leased to Macpac (adventure equipment and clothing business) for 5 years. Current gross rent is $132,300 plus GST. Lease expiry October 2017. 5% annual increases. Zoning B4 mixed use zone.
Central location situated directly opposite the Marketown Shopping Centre, which is home to Coles, Woolworth's, Dick Smith, Big W & Dan Murphy's. Other businesses located within walking distance of the property are JAX Tyres, Audi Auto Centre, McDonald's, Travelodge Newcastle and Spotlight.
The property is mainly single level, open plan, brick building with an iron roof being approx. Ground floor 919 sqm (approx) plus upstairs mezzanine (298sqm approx). Air-conditioning throughout with loading bay at rear. Retail showroom or office space use. [Less]
