MEDICAL FREEHOLD BUILDING WITH UPSIDE^

Ray White Commercial is pleased to present to market this conveniently located medical practice with parking in the heart of Newcastle's medical precinct. The property is offered for sale via Auction.

This boutique commercial premises was previously converted from a freestanding residence, and boasts a flexible floor plan currently configured as a specialist medical practice. The property has a large reception area, consulting rooms, a treatment room and associated amenities. The flexible B2 zoning allows for multiple alternative uses for the premises with an abundance of future upside through renovation and rental uplift, development or repositioning.^

The property is located in a vibrant neighbourhood opposite the popular Lambton Park and well suited for health-related uses, with accessibility for clients and within a three-minute walk from a free council car park. Lambton is less than 3 km* from John Hunter Hospital and only 8 km* from Newcastle CBD.

Additional highlights of the asset include:

• Land area - 461.6 sqm*
• B2 Local Centre Zoning, including commercial premises
• Existing fit out including 2 consulting rooms, reception & waiting room, treatment room and office
• Prime location opposite Lambton Park and moments from Lambton town centre
• 2.4 km* to Calvary Mater Hospital, Waratah
• 3 km* to John Hunter Hospital Precinct
• 2.5 km* to Newcastle University Campus
• 8 km* to Newcastle CBD
• Great opportunity for medical operators, investors or future residents
• Offered with vacant possession

The property will be sold via Auction on Wednesday, 29 June 2022 at 11am (AEST). The Auction will be held on site.

For further information, please contact the exclusive selling agents.

* Approximately
^S.T.C.A

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