Investment - Industrial Close to City Net Return: $85,458
With the tenant Aseru Services Pty Ltd contracted to the likes of Coles, Woolworths and K Mart just committing to a new (3) year lease on top of their (3) year lease the owner's have decided to sell.
Situated on busy Broadmeadow Road Broadmeadow this modern concrete building has been set to the rear creating truck access from Parkside Avenue and providing parking in front of the showroom. This is a truly multi-purpose facility and ideal for it's position close to the Newcastle CBD. It comprises (3) main areas:
Showroom (fronting Broadmeadow Road) - this open plan area...
Vacant Little Beauty Building Area: 362m2 (approx)
This tilt-slab building is located on busy Broadmeadow Road and only (10) minutes from the CBD and with easy access to Griffiths Road. The security of the concrete, the flexibility of rear truck access is enhanced by;
* Showroom onto Broadmeadow Road * Warehouse and car park onto Parkside Avenue * Glass office overlooking the high clearance warehouse * Torrens titled free-standing
This is truly a rare opportunity to place your business in a building you own in a high profile easily accessible location.
High Visibility Development Site With Two Street Frontages The property being offered comprises a site area of approximately 2,466m2, being six (6) individual lots, with two large street frontages on Brunker Road and Gosford Road Broadmeadow.
The property consists of the following-
* Land approximately 2466m2
* Newcastle City Council zoning
- Lot 1, 2 and 3 - 79-83 Brunker Road Broadmeadow - R4 High Density
- Lot 9, 10 and 11 - 70 and 72-74 Gosford Road Broadmeadow - R3 Medium
* 4 Vacant Parcels of Land
* Older style home (70 Gosford Road Broadmeadow)
* Brick building housing two retail tenancies
DEVELOPMENT OPPORTUNITY KNOCKS Land area 962 square metres with a 20.11 metre frontage and rear lane access. Zoned R4 High Density Residential. Building height is 17 metres.
The property is strategically located 4 kms from Newcastle and beaches, short walk to Broadmeadow Railway Station and on a major bus route. A multitude of development opportunities permitted with consent including multi dwelling housing and childcare centres.
Located on each block is an existing residence. Both properties are currently leased and returning $780pw. Rear lane double garage, separately metered can achieve an additional $150pw.