Suite 2/56 The Entrance Road

The Entrance NSW 2261

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› Suite 2/56 The Entrance Road, The Entrance NSW 2261

Sold on 12 Oct 2022

Suite 2/56 The Entrance Road The Entrance NSW 2261

Other
263 m²
Sold

Investment opportunity in beachside suburb

Returning $50,618.88* net pa + GST
4% annual increases
Walking distance to popular amenity

Expressions of Interest closing Thursday 6 October 2022 at 4pm

Ideally positioned in the heart of The Entrance, Suite 2, 56 The Entrance Road is within easy walking distance to popular restaurants, bars, the Lakeside Shopping Centre and an array of beautiful beaches. Comprising of 263sqm*, the premises is currently occupied by The Entrance Backpackers, returning $50,618.88* net per annum. The tenant is responsible for 100% of outgoings, with a lease in place until February 2024 and a further 5 year option.

Key features:

- Returning $50,618.88* net per annum + GST
- Currently tenanted until 2024 with a 5 year option
- Tenant pays 100% of outgoings
- 4% annual increases
- Backpackers with accommodation for 39 guests
- Located close to premium lifestyle amenity

*Approximately

Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	12 Oct 2022
Floor Area	263 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018038346
Category	Other Hotel, Motel, Pub & Leisure Offices Shop & Retail
Last updated	12 Oct 2022

Map for Suite 2/56 The Entrance Road The Entrance NSW 2261

Nearest transport* to Suite 2/56 The Entrance Road The Entrance NSW 2261

Bus

Dening St Opp Theatre Lane	92 m
Fairview Av After The Entrance Rd	104 m
The Entrance Rd After Dening St	136 m
Fairview Av Opp Copnor Av	160 m

*Within a 4km radius

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Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	12 Oct 2022
Floor Area	263 m²
Land Area	Ask Agent
Parking	Ask Agent
Property ID	2018038346
Category	Other Hotel, Motel, Pub & Leisure Offices Shop & Retail
Last updated	12 Oct 2022

Listed by

Isaac Reville

Commercial Collective

Call

0401 468 759

More about Suite 2/56 The Entrance Road The Entrance NSW 2261

Suite 2/56 The Entrance Road The Entrance NSW 2261 is categorized as Other Property. It has a floor area of 263 m². The listing ID for this property is 2018038346.

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