The property presents an excellent investment opportunity ideal for self-managed super funds or private investors alike. The property is currently leased to ‘Utopia Day Spa’, who have occupied the property for 11 years. The suite comprises a modern health spa fitout including: reception and waiting area, five private treatment rooms, vichy spa room and large manicure and pedicure room overlooking Lake Macquarie. The property also benefits from three on-grade secure car parks to the rear.
- Lease expiry October 2020, options to 2030
- Current passing income $66,605 per annum net (approx.) plus GST
- Three on-grade secure car parks
- Total strata area 171sqm (approx.)
- Modern day spa fitout in-situ
- Situated directly opposite the Lake Macquarie foreshore
- Forms part of a thriving mixed use strata development
- Zoned B2 Local Centre under Lake Macquarie LEP 2014
For Sale by Public Auction Thursday 15 June at 10:30am | Ground Floor, 18 Honeysuckle Drive, Newcastle.
(NA2017)