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594 Pacific Highway
Belmont NSW 2280
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Sold on 28 Apr 2021

594 Pacific Highway Belmont NSW 2280

  • Shop & Retail
  • 325 m²
  • Sold

ASX Listed Banking Giant 17+ years in same location

  • ASX Listed Banking Giant
  • Bite Size Freehold Investment
  • Net Income $86,615 pa + GST

Cushman & Wakefield is pleased to present to the market 594 Pacific Highway, Belmont for Sale via Auction.

The property has the following key characteristics:
- Renewed 3 year lease to December 2022 + options
- Commonwealth Bank of Australia ASX Listed multinational banking conglomerate with Revenues in excess of $30.16 Billion and a Market Cap of $153.51 Billion
- One of Australia's "Big Four Banks" with 1,100+ locations and over 43,500 employees in Australia
- Rare bite size freehold investment leased to a multinational corporation with locations in Australia, Asia, Europe, New Zealand and North America
- Strategic convenience position on Pacific Highway neighbouring many national retailers including Woolworths, McDonald's, Aldi and Coles anchored Primewest Belmont Citi Centre
- Long standing tenant - over 17+ years in same location
- Belmont High growth commercial and residential suburb within the Hunter Region of New South Wales located 20 km to Newcastle's CBD
- Easy to manage single tenant investment
- Net Income $86,615 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 29 April at 12 noon at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW 2000.

Prospective purchasers and interested parties in this tenanted investment will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold28 Apr 2021
Floor Area325 m²
Land Area219 m²
ParkingOn site parking available
Property ID2016925397
Category
Last updated  28 Apr 2021
Map for 594 Pacific Highway Belmont NSW 2280

Nearest transport* to 594 Pacific Highway Belmont NSW 2280

Bus
Pacific Hwy Before Macquarie St87 m
Pacific Hwy Opp Macquarie St103 m
Pacific Hwy At Gen St113 m
Belmont Citi Centre, Macquarie St134 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold28 Apr 2021
Floor Area325 m²
Land Area219 m²
ParkingOn site parking available
Property ID2016925397
Category
Last updated  28 Apr 2021

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

More about 594 Pacific Highway Belmont NSW 2280

594 Pacific Highway Belmont NSW 2280 is categorized as Shop & Retail Property. It has a floor area of 325 m² and a land area of 219 m². The listing ID for this property is 2016925397.

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