29 Mitchell Street Stockton NSW 2295

Shop & Retail
344 m²
Sold

Seaside super investment

Auction Wednesday 5 May 2021 at 11am

The Auction will be held at Novotel Newcastle Beach - 5 King Street, Newcastle

Located on Stockton's busy local retail strip, this fully leased investment is anchored by along term tenant and offers a recently commenced ve year lease expiring November 2025.

The property has a site area of 344sqm* and has on-street parking and easy access to public transport including ferry and bus networks.

- New five year lease until 2025 with options
- Current income $60,000* net pa + GST
- Diversified income - Australia Post and newsagency
- 1 bedroom apartment attached to commercial premises
- High underlying land value
- Future vertical development potential (STCA)

*Approximately

AUCTION

Auction date and time	05/05/2021 11:00
Auction location	Novotel Newcastle

Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	4 May 2021
Floor Area	344 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2016895856
Category	Shop & Retail Other
Last updated	5 May 2021

Map for 29 Mitchell Street Stockton NSW 2295

Nearest transport* to 29 Mitchell Street Stockton NSW 2295

Bus

Train

Tram

Mitchell St Near Queen St	43 m
Mitchell St At Crown St	84 m
St Peter's Primary School, Dunbar St	147 m
Mitchell St At King St	178 m

*Within a 4km radius

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Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	4 May 2021
Floor Area	344 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2016895856
Category	Shop & Retail Other
Last updated	5 May 2021

Co-Agents

Brad Crouch

Commercial Collective

Call

0411 343 768

Matt Kearney

Commercial Collective

Call

0427 921 206

More about 29 Mitchell Street Stockton NSW 2295

29 Mitchell Street Stockton NSW 2295 is categorized as Shop & Retail Property. It has a floor area of 344 m². The listing ID for this property is 2016895856.