Property main details

Commercial

  • Sold For $1,275,000
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    165 m2

A Rare Opportunity for the Discerning Investor

- 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

Get in touch

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

1/295 Darby Street Bar Beach 2300, New South Wales
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