401 Pacific Highway Belmont North NSW 2280

Showrooms / Bulky Goods
701 m²
Sold

Multi-Purpose Investment

CURRENT BID $1,858,000 - 5 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steven Dick on 0400 000 947 immediately to become qualified and avoid disappointment.

Having signed a (10) year lease in 2017 after obtaining their usage DA, these "Plus Fitness" tenants have their heart and soul invested in the community they have created.

Starting life as a camping and outdoor store the building would suit a multitude of bulky showroom users and is located with Hungry Jack, Chemist, Caltex Service Station, Zarraffa's Coffee plus an ex Bunnings store.

With the lease not expiring until 25 July 2027 and only paying $185/m2 + OGs + GST there is a sound base and solid growth to be had. Operating as a 24/7 Gym they are under other similar size facilites which operate at $300 to $350/m2.

The owners are wanting to pay down debit with in the family and have chosen to sell this property.

AUCTION

Auction date and time	12/09/2024 18:00
Auction location	Openn Negotiation

MOVABLE - Commercial

92-94 Darby Street

Newcastle, NSW 2300

Property Highlights

Date Sold	12 Sep 2024
Floor Area	701 m²
Land Area	2,070 m²
Parking	Ask Agent
Property ID	2019369907
Category	Showrooms / Bulky Goods
Last updated	12 Sep 2024

Map for 401 Pacific Highway Belmont North NSW 2280

Nearest transport* to 401 Pacific Highway Belmont North NSW 2280

Bus

Train

Tram

Ferry

Pacific Hwy at York Cres	155 m
Floraville Rd near Belmont Bus Depot	179 m
Pacific Hwy opp Cobbin Pde	192 m
Pacific Hwy at Cobbin Pde	197 m

*Within a 4km radius

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MOVABLE - Commercial

92-94 Darby Street

Newcastle, NSW 2300

Property Highlights

Date Sold	12 Sep 2024
Floor Area	701 m²
Land Area	2,070 m²
Parking	Ask Agent
Property ID	2019369907
Category	Showrooms / Bulky Goods
Last updated	12 Sep 2024

Listed by

Steve Dick

MOVABLE - Commercial

Call

0400 000 947

More about 401 Pacific Highway Belmont North NSW 2280

401 Pacific Highway Belmont North NSW 2280 is categorized as Showroom & Bulky Goods Property. It has a floor area of 701 m² and a land area of 2,070 m². The listing ID for this property is 2019369907.