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63-71 Main Road
Boolaroo NSW 2284
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Sold on 9 Dec 2021

63-71 Main Road Boolaroo NSW 2284

  • Shop & Retail
  • 537 m²
  • Sold

Fully leased investment on significant land holding

  • 100% leased to six tenants
  • Significant corner site of 1,296sqm*
  • Net income of $69,318* pa (plus GST)

The property is located on Main Road, Boolaroo and dominates a prime corner position. The subject property consists of two buildings 100% leased to six individual tenants which offers a diversified income stream with staggered lease expiries and rental upside.

The buildings sit on a substantial main road parcel of land with a combined site area of 1,296sqm* over two titles. The tenancies have rear access for parking accessed off Sixth Street.

Features include:
- 1,296sqm* corner site area
- Net income $69,318 pa (plus GST)
- Zoned B1 Neighbourhood centre
- 100% leased to six tenants

The property is going to Public Auction on Thursday 9 December at 10:30am
Venue: 18 Honeysuckle Drive Newcastle

*Approximate

AUCTION

Auction date and time09/12/2021 10:30
Auction locationGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold9 Dec 2021
Floor Area537 m²
Land Area1,296 m²
ParkingOn site parking available
Property ID2017377650
Category
Last updated  9 Dec 2021
Map for 63-71 Main Road Boolaroo NSW 2284

Nearest transport* to 63-71 Main Road Boolaroo NSW 2284

Bus
Train
Tram
Ferry
Main Rd opp Albert Reserve63 m
Albert Reserve, Main Rd76 m
Main Rd at Fourth St136 m
Main Rd after Fourth St205 m
Data source: Transport for NSW
*Within a 4km radius
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold9 Dec 2021
Floor Area537 m²
Land Area1,296 m²
ParkingOn site parking available
Property ID2017377650
Category
Last updated  9 Dec 2021

Co-Agents

Tim Woolf
Tim Woolf
Colliers Newcastle
Call
+61 413 155 462
Luke Rutledge
Luke Rutledge
Colliers Newcastle
Call
+61 432 741 632
Nick Christensen
Nick Christensen
Colliers Newcastle
Call
+61 402 635 503

More about 63-71 Main Road Boolaroo NSW 2284

63-71 Main Road Boolaroo NSW 2284 is categorized as Shop & Retail Property. It has a floor area of 537 m² and a land area of 1,296 m². The listing ID for this property is 2017377650.

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