Prime opportunity for Investors builders and developers to secure a solid tenanted investment perfect for investors who want to benefit from immediate income and future capital growth.
· Long term tenant Quad Bike King
· Large modern 3 bedroom brick home included
· Floor space: 150 sqm
· Land size: 1.89 Hectares
· Huge Mechanical Workshop with adjacent Storage Shed
· Parking for up to 46 vehicles
· A short 30 min drive to Newcastle and Nelson Bay, 15 min to Stockton
· Newcastle Airport only 3km away
We are delighted to present an extraordinary investment opportunity: a sprawling property covering 3 acres boasting exceptional exposure along the picturesque Nelson Bay Road in Williamtown.
This is a rare opportunity to acquire a Freehold mixed-use opportunity in thriving Port Stephens with development upside thanks to the peaceful laid back vibe and the recent opening of the Newcastle Airport. Perfectly located approximately 15 minutes to Stocktons sand dunes and only 30 minutes from Newcastle and Nelson Bays' entertainment and recreational precincts, this high-quality commercial retail space plus a spacious three-bedroom brick home all on 3 acres, offers unlimited opportunities!
This sprawling property currently has a long term tenancy in place netting approximately $55,310 per annum with fixed annual increases, making it the perfect opportunity for developers and investors alike. The modern brick home included, boasts 3 large bedrooms, 2 bathrooms, modern dining and living areas and a large spacious kitchen. The retail space operates as Quad Bike King and attracts many locals and visitors, being the only Quad Bike attraction in the area. The property is in excellent condition and has been meticulously maintained by the current tenants. X-Factors Floor space: 150 sqm approx. 46 Parking Spaces Lease 10 years since September 2019 Zoning: Development Zone Municipality: Port Stephens Council Large modern 3 bedroom brick home High ceilings, timber floors, kitchen & 2 bathrooms High quality retail space Premium location and street exposure Minutes to Newcastle and Nelson Bay.
Your next investment awaits.
* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.