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165 Swan Street
Morpeth NSW 2321
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Sold on 15 Jun 2017

165 Swan Street Morpeth NSW 2321

  • Shop & Retail
  • 1,673 m²
  • Sold

Fully Leased Retail Investment

Comprises a fully leased retail investment with diversified income provided by four well established local businesses. The property benefits from excellent tenant retention, with two tenants in occupation since 2006, and staggered lease expires in 2018, 2020 and 2021. The modern improvements were constructed in 2007, comprising two interconnected buildings having common area amenities and situated around a central paved courtyard providing alfresco dining. Each tenancy is fitted out to the respective lessee requirements, having timber framed shopfronts and air-conditioning. The property is situated within the main retail strip of Morpeth and benefits from rear lane access.

- Building area - 580sqm (approx.)
- Site area - 1,673sqm (approx.)
- $126,039 net passing income per annum (approx.)
- Diversified income
- Zoned B2 Local Centre
- 19 on-grade car spaces

For Sale by Public Auction Thursday 15 June at 10:30am | Ground Floor, 18 Honeysuckle Drive, Newcastle

(NA2017)

AUCTION

Auction date and time15/06/2017 10:30
Auction locationGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold15 Jun 2017
Floor AreaAsk Agent
Land Area1,673 m²
ParkingOn site parking available
Property ID2013591262
Category
Last updated  15 Jun 2017
Map for 165 Swan Street Morpeth NSW 2321

Nearest transport* to 165 Swan Street Morpeth NSW 2321

Bus
Swan St At Green St31 m
High St At Green St133 m
Morpeth Rd After Tank St150 m
Tank St At High St161 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold15 Jun 2017
Floor AreaAsk Agent
Land Area1,673 m²
ParkingOn site parking available
Property ID2013591262
Category
Last updated  15 Jun 2017

Co-Agents

Peter Macadam
Peter Macadam
Colliers Newcastle
Call
+61 402 074 159
Peter Dodds
Peter Dodds
Colliers Newcastle
Call
+61 412 264 244

More about 165 Swan Street Morpeth NSW 2321

165 Swan Street Morpeth NSW 2321 is categorized as Shop & Retail Property. It has a land area of 1,673 m². The listing ID for this property is 2013591262.

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