22 Yacaaba Street Nelson Bay NSW 2315

We are excited to announce that we have sold this great commercial site prior to auction.
In only three weeks our marketing campaign led to 1,308 listing engagements, 40 enquiries, multiple offers and this great result prior to the auction day.

Congratulations to the excited buyer and very happy sellers.

Looking for a great result like this one? Contact us for your obligation-free appraisal.

Bill: 0437 841 122
Aramis: 0421 461 064

CBD INVESTMENT OPPORTUNITY IN NELSON BAY

Outstanding investment opportunity with potential for three income streams.
Located on one of the busiest streets in Nelson Bay this property is Zoned B2 Local Centre with three lettable spaces on one title.

The street front building is free standing with two lettable retail/office spaces. Each space is approximately 70m2 and have their own kitchenette and bathroom. The left side office consists of a reception, waiting area, two office spaces and has a key tenant in place with a two year lease and option for another three. The right hand side is vacant and consists of a waiting area, reception and office space.

Down a side driveway is a warehouse with mezzanine. Inside there are two generous airconditioned office/meeting rooms with a hallway leading down to the internal access to the storage parking area. There are two garage doors with one accessing the main part of the warehouse and another sectioned off. Taking the timber stairs up takes you up to the mezzanine level that's approximately 41m2.

Great option for someone to position their business operations in the rear warehouse and office spaces while the front two commercial spaces collect two income streams.

The vendor has been clear and want this property sold on auction day.

• Two 70m2 street frontage offices.
• Multi-tenanted, flexibility in occupation.
• Great parking ratio, with 10 potential parking positions.
• 187m2 warehouse with offices, mezzanine and amenities in built.
• 502m2 block size with 328m2 lettable floor space.
• B2 zoning with great potential for future development as the bustling Nelson Bay CBD grows