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12 Munro Street
Singleton NSW 2330
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Sold on 27 Nov 2019

12 Munro Street Singleton NSW 2330

  • Shop & Retail
  • 451 m²
  • Sold

New five year lease to national tenant

  • Fully leased to Jax Tyres
  • New 5 year lease plus option
  • Passing net income of $65,603.78 pa

- The property is prominently located on the corner of Munro and Lesley Street in the town of Singleton. Singleton is a town on the banks of the Hunter River in New South Wales. Singleton is 77km* north west of Newcastle and 187km* north west of Sydney.

- Comprising a purpose built tyre and mechanical workshop leased to Jax Tyres, improvements include five working bays, four with hoists, office and waiting area including staff and client amenities, coffee making facilities and administration area, covered tyre storage and open air lock up storage.

- The site also benefits from drive-through access suitable for truck deliveries as well as 20 on-site car parks.

- Fully leased to Jax Tyres
- New five year lease plus five year option
- Passing net income of $65,603.78 pa (plus GST)
- Flexible B4 Mixed Use zoning
- Total site area - 1,681sqm*
- Total building area - 451sqm*

For Sale by Public Auction
Thursday 28 November 2019 at 10.30am | Ground Floor, 18 Honeysuckle Drive, Newcastle

*Approximate.

Property Highlights

Date Sold27 Nov 2019
Floor Area451 m²
Land Area1,681 m²
Parking20 x Onsite parkings
Property ID2015813651
Category
Last updated  14 Jan 2020
Map for 12 Munro Street Singleton NSW 2330

Nearest transport* to 12 Munro Street Singleton NSW 2330

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Property Highlights

Date Sold27 Nov 2019
Floor Area451 m²
Land Area1,681 m²
Parking20 x Onsite parkings
Property ID2015813651
Category
Last updated  14 Jan 2020

Co-Agents

Luke Rutledge
Luke Rutledge
Colliers Newcastle
Call
+61 432 741 632
Peter Dodds
Peter Dodds
Colliers Newcastle
Call
+61 412 264 244

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