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338-340 Pacific Highway
Belmont North NSW 2280
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Sold on 17 Nov 2021

338-340 Pacific Highway Belmont North NSW 2280

  • Shop & Retail
  • 3,003 m²
  • Sold, $1,540,000

Prominent Highway Development Opportunity with Holding Income

  • 3,003 sqm Multi-Use Dev. Site (STCA)
  • Strategic Main Road Location
  • Substantial Holding Income

Cushman & Wakefield is pleased to present a rare opportunity to acquire a key development opportunity on the Pacific Highway in Belmont North (Newcastle).

The property has the following key characteristics:

- 338-340 Pacific Highway and 6 Elidge Crescent, Belmont North will be available for sale in one-line
- 3,003 sqm development opportunity strategically positioned on the Pacific Highway (STCA)
- Multi-tenanted investment - 100% leased to a mix of commercial and residential tenancies
- Four titles available for sale in one line with generous holding income
- Prominent exposure with over 60m frontage to Pacific Highway
- Belmont North (Newcastle) - 18 km's south-west of Newcastle CBD and adjacent to Lake Macquarie
- Newcastle - Thriving harbour city located approximately 2 hours to Sydney with a population of 442,227
- High profile location in core retail precinct located on the Pacific Highway within close proximity to iconic tenants Bunnings Warehouse, Hungry Jacks, Caltex, 7-Eleven, Salvation Army, Zarraffa's Coffee, Kennards Storage and Belmont Highschool
- Substantial holding income

The property is For Sale by way of Offers to Purchase.

For more information please contact the exclusive property professionals at Cushman & Wakefield.

Property Highlights

Date Sold17 Nov 2021
Sold Price$1,540,000
Floor AreaAsk Agent
Land Area3,003 m²
ParkingOn site parking available
Property ID2016197781
Category
Last updated  28 Nov 2021
Map for 338-340 Pacific Highway Belmont North NSW 2280

Nearest transport* to 338-340 Pacific Highway Belmont North NSW 2280

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Property Highlights

Date Sold17 Nov 2021
Sold Price$1,540,000
Floor AreaAsk Agent
Land Area3,003 m²
ParkingOn site parking available
Property ID2016197781
Category
Last updated  28 Nov 2021
Level 22/1 O'connell St Sydney NSW 2000
Cushman & Wakefield Sydney
Cushman & Wakefield Sydney

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