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Newcastle's Premier Commercial Real Estate Agency
For Sale by Expressions of Interest Closing Thursday 22nd August 2024 at 4pm
Offering a regional investment with strong net returns. With a 10 year lease term and 3 five year options, this property offers a prime investment opportunity which is essential to the Nana Glen suburb as it includes the only service station in the suburb as well as a bottle shop, takeaway shop and post office. Nana Glen and surrounding suburbs have a local population of 5,200 residents.
16-18 Nana Street is a semi-modern freestanding facility with improvements to the site being a digital signage tower, concrete driveway, landscaping, storage shedding, post boxes and consistent upkeep.
Key features include:
- Net income $256,723.21* per annum plus GST
- Tenant being a prominent player in the fuel, retail and hospitality services
- Multi-use investment opportunity
- Essential service to Nana Glen
*Approximately
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