Neighbourhood Shopping Centre Investment
IGA Supermarket, Liquor + 7 Tenancies Established neighbourhood shopping centre anchored by IGA Renewed 5 year lease to IGA Supermarket/Liquor Specialty shops include butcher, bakery, hair salon, restaurants Building GLA circa 1,229 sqm plus on site parking for 38 cars Extensive corner frontage in established residential area Future redevelopment, subdivision and rental growth potential Nelson Bay is a growth suburb of Port Stephens LGA some 60kms north east of Newcastle Net Income: $192,550 pa + GST
Supermarket Anchored Waterfront Investment The subject property is located on the southern side of Shoal Bay Road, between Government Road and Tomaree Road, within the high density residential and retail precinct of Shoal Bay. The property is located in a highly coveted waterfront location, directly opposite Shoal Bay Beach and is within close proximity to both Ramada Resort and Shoal Bay Caravan Park.
Bay Village is a strata-titled Neighbourhood Shopping Centre occupying the entire ground floor of a mixed-use development at 51 Shoal Bay Road, Shoal Bay. The Centre is anchored by an IGA supermarket and is complimented by six spe...