23 Blue Gum Road Jesmond NSW 2299

Showrooms / Bulky Goods
621 m²
Sold

Income producing asset with development approval

Expressions of Interest closing Thursday 16 December 2021 at 4pm

One of the remaining un-developed sites directly opposite Jesmond Central and leased to well known Jesmond Fruit Barn.

The building provides 35%* site coverage and is returning an income of $195,000* per annum plus GST. The remainder of the site provides on grade parking for up 23* vehicles.

The property benefits from a current DA approval to develop 27 residential apartments and one commercial suite giving immediate opportunity to unlock further value.

- Total income of $195,000* + GST
- Tenanted investment to Jesmond Fruit Barn
- Total site area of 1,613sqm*
- DA approval for 27 apartments and one commercial suite
- Close to amenity and transport
- Four individual titles

*Approximately and outline indicative only

Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	11 Feb 2022
Floor Area	621 m²
Land Area	1,631 m²
Parking	Ask Agent
Property ID	2017421430
Category	Showrooms / Bulky Goods
Last updated	13 Feb 2022

Map for 23 Blue Gum Road Jesmond NSW 2299

Nearest transport* to 23 Blue Gum Road Jesmond NSW 2299

Bus

Train

Tram

Ferry

Stockland Jesmond Shopping Centre, Blue Gum Rd	54 m
Blue Gum Rd at Mordue Pde	133 m
Newcastle Rd at Blue Gum Rd	164 m
Newcastle Rd at Chalmers Rd	226 m

*Within a 4km radius

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Commercial Collective

10 Newcomen Street

Newcastle, NSW 2300

Property Highlights

Date Sold	11 Feb 2022
Floor Area	621 m²
Land Area	1,631 m²
Parking	Ask Agent
Property ID	2017421430
Category	Showrooms / Bulky Goods
Last updated	13 Feb 2022

Listed by

Dane Crawford

Commercial Collective

Call

0407 927 603

More about 23 Blue Gum Road Jesmond NSW 2299

23 Blue Gum Road Jesmond NSW 2299 is categorized as Showroom & Bulky Goods Property. It has a floor area of 621 m² and a land area of 1,631 m². The listing ID for this property is 2017421430.