203 Union Street The Junction NSW 2291

Offices
293 m²
Sold

Investment opportunity in tightly held precinct

170sqm* site area
B2 Local Centre zoning
Current net income $95,482* pa plus GST

For Sale by Expressions of Interest closing 16 February 2023 at 4pm

203 Union Street provides an opportunity to secure a commercial / retail style asset suitable for a range of uses in a sought-after location. Comprising 293sqm* of GLA, the property offers two separate floors with individual access. The Ground Floor is newly tenanted by a reputable local operator on a 3 year term with additonal options. Level 1 is currently tenanted by a longstanding Newcastle based law firm on a 2 year term with multiple option terms. The building offers convenient accessibility to the Newcastle CBD and excellent surrounding amenity & beaches. The site would be highly suitable for investors looking to acquire a quality site in a tightly held area of Newcastle.

Key features include:
- Current net income $95,482.60* per annum plus GST
- 293sqm* GLA over two floors with separate access
- Sought-after location, close to Newcastle CBD
- 17.6m* frontage to Union Street
- Excellent exposure and signage opportunity

*Approximately

Disclaimer: Images of the ground floor pharmacy are indicative only.