15 Gertrude Street Cardiff South NSW 2285

Shop & Retail
469 m²
Sold

Torrens titled shopping centre

Current net income $133,023pa (plus GST)
6.50 years by income (as at 18 Nov 2021)
R2 Low Density Residential zoning

Colliers are pleased to present 15 Gertrude Street, Cardiff South For Sale via Public Auction on Thursday 18 November 2021 at 10:30am.

The subject property comprises a Torrens titled neighbourhood shopping centre benefiting from a prominent corner position. The property comprises 449sqm* of building area incorporating six tenancies plus a 20sqm license agreement to a coffee van operation. The building currently occupies 36% of the total site area with the balance accommodating approximately 17 car spaces across a recently updated car park area.

Cardiff South is a suburb in the city of Lake Macquarie and is located approximately 14 kilometres south west of Newcastle's CBD. The subject property has a particularly strategic location, as a result of Gertrude Street often being used as a shortcut thoroughfare for commuters in both directions to Cardiff and Charlestown. This is a locational advantage for the businesses within the centre as foot traffic is driven by the dense immediate residential catchment as well as passing traffic.

For further information on this opportunity please contact Michael Chapman on 0402 724 841 or Ben Robinson on 0402 211 392.

*Approximate

Colliers Newcastle

Ground Floor, 18 Honeysuckle

Newcastle, NSW 2300

Property Highlights

Date Sold	18 Nov 2021
Floor Area	469 m²
Land Area	1,303 m²
Parking	Ask Agent
Property ID	2017325119
Category	Shop & Retail
Last updated	19 Nov 2021

Map for 15 Gertrude Street Cardiff South NSW 2285

Nearest transport* to 15 Gertrude Street Cardiff South NSW 2285

Bus

Train

Tram

Ferry

Gertrude St At Helen St	58 m
Maud St At Ethel St	263 m
Gertrude St At Selsey Cl	279 m
Gertrude St Opp Selsey Cl	283 m

*Within a 4km radius

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Colliers Newcastle

Ground Floor, 18 Honeysuckle

Newcastle, NSW 2300

Property Highlights

Date Sold	18 Nov 2021
Floor Area	469 m²
Land Area	1,303 m²
Parking	Ask Agent
Property ID	2017325119
Category	Shop & Retail
Last updated	19 Nov 2021

Co-Agents

Michael Chapman

Colliers Newcastle

Call

+61 402 724 841

Ben Robinson

Colliers Newcastle

Call

0402211392

More about 15 Gertrude Street Cardiff South NSW 2285

15 Gertrude Street Cardiff South NSW 2285 is categorized as Shop & Retail Property. It has a floor area of 469 m² and a land area of 1,303 m². The listing ID for this property is 2017325119.