The property provides a dual income stream investment, currently comprising two units in a boutique three unit complex.
The units are both subject to two new leases with a combined net annual income of $90,000* per annum plus GST. Unit 2 is leased on a 2 + 2 year lease commencing 17 May 2021, and Unit 3 is leased on a new 5 + 5 year lease, commenced on 24 May 2021.
The holding provides a unique opportunity to purchase the units individually or 'in-one-line'.
- Internal accommodation is of a good standard including air-conditioning in the office areas
- On-site parking provides a total of 10 car spaces
- Each unit has access via a 4.2w x 4.8h automatic metal roller door
The property is being offered For Sale by Public Auction on Thursday 17 June 2021 at 10:30am if not sold prior.
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300.
*Approximate