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71 Georgetown Road
Georgetown NSW 2298
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Sold on 1 Nov 2023

71 Georgetown Road Georgetown NSW 2298

  • Medical / Consulting
  • 146 m²
  • Sold, $1,392,000

Free-Hold Investment Opportunity With Long-Standing Medical Occupant

    71 Georgetown Road, Georgetown is an exciting opportunity to purchase a fully leased property with a medical fit out.

    Located on a corner block in the heart of Georgetown, the property has great signage opportunities and dual street frontage

    The inside of the property features a large reception area and waiting area and (4) air-conditioned consulting rooms. The property also includes a kitchen and breakout room, separate staff amenities and a large storage room. In addition, the rear section of the property has staff car parking.

    The property is currently leased to "Georgetown Arthritis" who have been occupying the property for over (20) years. There is a new (5) year lease in place with a (5) year option.

    The property currently generates $80,000 per annum net with a lease in place until 2028 with a further (5) year option. The tenant pays 100% of the outgoings.

    This investment must be sold!

    For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Final bidding stage closes Wednesday 1 November @6pm. Contact Alan Tonks or Josh Barnes immediately to become qualified and avoid disappointment.

    AUCTION

    Auction date and time01/11/2023 18:00
    Auction locationOpenn Negotiation
    MOVABLE - Commercial
    MOVABLE - Commercial
    92-94 Darby Street
    Newcastle, NSW 2300

    Property Highlights

    Date Sold1 Nov 2023
    Sold Price$1,392,000
    Floor Area146 m²
    Land Area411 m²
    ParkingAsk Agent
    Property ID2018821679
    Category
    Last updated  1 Nov 2023
    Map for 71 Georgetown Road Georgetown NSW 2298

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    MOVABLE - Commercial
    MOVABLE - Commercial
    92-94 Darby Street
    Newcastle, NSW 2300

    Property Highlights

    Date Sold1 Nov 2023
    Sold Price$1,392,000
    Floor Area146 m²
    Land Area411 m²
    ParkingAsk Agent
    Property ID2018821679
    Category
    Last updated  1 Nov 2023

    Co-Agents

    Joshua Barnes
    MOVABLE - Commercial
    Call
    0425 302 773
    Alan Tonks
    MOVABLE - Commercial
    Call
    0474744422

    More about 71 Georgetown Road Georgetown NSW 2298

    71 Georgetown Road Georgetown NSW 2298 is categorized as Medical & Consulting Property. It has a floor area of 146 m² and a land area of 411 m². The listing ID for this property is 2018821679.

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