The property is located on Main Road, Boolaroo and dominates a prime corner position. The subject property consists of two buildings 100% leased to six individual tenants which offers a diversified income stream with staggered lease expiries and rental upside.
The buildings sit on a substantial main road parcel of land with a combined site area of 1,296sqm* over two titles. The tenancies have rear access for parking accessed off Sixth Street.
Features include:
- 1,296sqm* corner site area
- Net income $69,318 pa (plus GST)
- Zoned B1 Neighbourhood centre
- 100% leased to six tenants
The property is going to Public Auction on Thursday 9 December at 10:30am
Venue: 18 Honeysuckle Drive Newcastle
*Approximate