This property has been Sold
SOLD - FULLY LEASED INVESTMENT
Located on the corner of Bolton & King Streets in Newcastle sits this two storey commercial building that is 100% leased.
Key features include:
* Approximate net return of $95,000pa
* All leases are current
* 3 ground floor tenancies & first floor office
* New roof installed July 2015.
This property is zoned R(4) High Density Residential allowing plenty of scope for future development (subject to council approval).
Situated just 400 metres from Newcastle Beach and with a good mix of 4 tenancies that are easily managed, this could be the investment you have been waiting for!
