84 Georgetown Road, Georgetown NSW 2298

High profile position with new 5 year lease

Presenting an exceptional investment opportunity, situated on a prominent main arterial road, directly opposite the bustling Waratah Village Shopping Centre. 84 Georgetown Road has a brand-new, 5-year lease with a reputable medical operator, offering investors a lucrative investment opportunity.

The property itself features 132sqm* of recently renovated, medical-grade space, ensuring a modern and attractive environment for both tenants and clients. Additionally, the property offers the advantage of side access, facilitating ample off-street parking.

Its strategic location just 2 minutes* from Waratah Train Station, 10 minutes* from the renowned Westfield Kotara, and a mere 15 minute* drive to the vibrant heart of Newcastle CBD, further solidifies its appeal as a lucrative investment opportunity.

- Returning $50,000 net per annum + GST
- 5 year lease to 2028 plus options to 2037
- Leased to Laverty Pathology
- Tenant pay 100% of outgoings
- Fixed 3% rental increases per annum
- Located 2 minutes* from Waratah Train Station, 10 minutes* from Westfield Kotara, and 15 minute* from Newcastle CBD

*Approximately