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Retail in Bar Beach
A Rare Opportunity for the Discerning Investor
- Building: 165m²
- 2 x boutique retail shops
- Renovated 2 bedroom unit
- 2 x garage spaces
- Enormous secure storage space
- Net return $79,220* pa
This outstanding investment ticks all the boxes. Delivering diversified cash flow from 3 separate tenancies consisting of 2 boutique retail spaces & a 2 bedroom unit all freshly renovated and immaculately presented.
The property embodies the beachside lifestyle & has exceptional exposure to Darby Street & Parkway Avenue. It offers enviable tenant appeal providing an outlook that many investors can only dream of.
Annual Outgoings Estimate
Strata: $6,505*
Council rates: $1,753*
Water rates: $1,080*
Total: $9,338*
*Approximately
For Sale by Auction:
Wednesday 8 March 2017 at 6:30PM
In room 545 Hunter St Newcastle
Open For Inspection:
Monday: 10-10:30AM
Thursday: 5-5:30PM
165m²
B1 Neighbourhood Centre
$1,080 Annually
$1,753 Annually
$6,505 Annually
Investment Information
Fully Tenanted
$-18,677 *
$9,338 *
$18,677 *
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
