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81-83 Aberdare Road
Aberdare NSW 2325
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Sold on 18 Oct 2023

81-83 Aberdare Road Aberdare NSW 2325

  • Other
  • 110 m²
  • Sold

Regional investment with great net returns

  • Net income $197,616.13*pa + GST
  • Site area 2,016sqm*
  • Long term tenant

For Sale by Public Auction on Wednesday 18 October at 11am

83 Aberdare Road, Aberdare is a regional investment opportunity that combines strategic location, impressive net income, and substantial site attributes. The property presents key features that make it an enticing prospect for investors which include:

Key Features include:
- Net Income: This property offers a net income of $197,616* per annum, ensuring a consistent and substantial revenue stream.
- Lease Term: Lease to 2029 + options to 2039.
- Annual Reviews: Compounding fixed 3% annual rent reviews ensuring long term rental growth.
- Tenant Stability: The property benefits from a secure and established tenant. Aberdare Petroleum have leased the property since 2015.
- Prominent Frontage: Located on a major arterial road with a frontage spanning 40.14 meters* along Aberdare Road, the property offers visibility and accessibility. This substantial frontage enhances its appeal for commercial and retail enterprises, creating opportunities for heightened exposure and customer engagement.
- Site Area: On an expansive site area of 2,016.59sqm*, the property offers ample space for various future enhancements (STCA).
- Strategic R2 Zoning: The property's R2 Residential zoning adds flexibility in potential land use and to diverse development opportunities (STCA).

*Approximately

AUCTION

Auction date and time18/10/2023 11:00
Auction locationOnline
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold18 Oct 2023
Floor Area110 m²
Land Area2,016 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018757882
Category
Last updated  18 Oct 2023
Map for 81-83 Aberdare Road Aberdare NSW 2325
Commercial Collective
Commercial Collective
10 Newcomen Street
Newcastle, NSW 2300

Property Highlights

Date Sold18 Oct 2023
Floor Area110 m²
Land Area2,016 m²
ParkingAsk Agent
Building TypeWhole building
Property ID2018757882
Category
Last updated  18 Oct 2023

Co-Agents

Jared Harris
Commercial Collective
Call
0410 611 482
Jacob Siever
Commercial Collective
Call
0481 553 762

More about 81-83 Aberdare Road Aberdare NSW 2325

81-83 Aberdare Road Aberdare NSW 2325 is categorized as Other Property. It has a floor area of 110 m² and a land area of 2,016 m². The listing ID for this property is 2018757882.

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