BLUE CHIP INVESTMENT Located on the Western Side of the Pacific Hwy near the Ridley St Intersection. Charlestown is only 10kms from the Newcastle's CBD and the property is only 150m from the entrance to Charlestown Square.
Features of this investment include:
* Leased to ANZ Bank * Site area of 379.4 m2 (approximate) * On-site car parking and 13m street frontage * Annual Rent $111,280
This is a high traffic, high volume and highly exposed location. With its blue chip tenant and high profile retail and professional neighbours, this is a highly desirable property.
UNDER CONTRACT - EOI around $1,250,000 UNDER CONTRACT
* Next door to McDonalds on the Pacific Highway
* Over 1000m2 zoned 3(1) Urban Centre
* Shops currently rented (approx $50K pa)
* Huge potential for multi-level commercial or residential development
Price excl GST
Secure Bank Investment. High Profile Retail Location. Secure lease to ANZ Bank through to 31 August 2017, plus further 3 year option. ANZ has been in occupation at this site since 1992. Attractive annual 4% rental increases. Bank pays outgoings, as per lease. Superb retail location with wide 13 m highway frontage. Situated in a vibrant retail/professional precinct alongside CBA, NAB, Australia Post, NRMA and medical centre. Site area of 379 sqm, with on-site parking at rear. Net Income: $111,280 pa + GST.
Auction 11am AEDT Tuesday 8 December Sofitel Wentworth Hotel, Sydney
For Sale/Lease - Charlestown CBD - Directly opposite Charlestown Square - Right in the middle of Charlestown CBD - Free standing 220sqm ground floor air-conditioned premises - Current lease expires 30/11/2015 - Rear entry/exit through adjoining arcade and highway - Large glass shop front is currently covered by tenants signage
For Lease: $96,000 pa + outgoings (est. $10,700) + GST For Sale: $1.25 million + GST if applicable
Long established CBA as anchor tenant. • Renewed 5 year lease to CBA from July 2014
• Fully leased with 78% of income from CBA
• Modern freestanding building with state of the art CBA fitout
• Flagship location adjacent to ANZ, NRMA and Australia Post
• Wide double street frontage to Pacific Highway and
Pearson Street Mall which links to Charlestown Square
• Two other well regarded tenants, including long
established accounting firm
• Management fee recoverable under CBA lease
• Net Income: $284,492 pa + GST (as at 1/10/14)