Knight Frank is pleased to offer Lots 2 & 3, 21 Bourke Street, Raymond Terrace to the market For Sale.
Lots 2 & 3 at 21 Bourke Street present an exciting opportunity to reside within an established complex that benefits from on-grade parking and a strategic position with strong fundamentals (main road exposure and is 250 m* from MarketPlace Raymond Terrace, a large regional shopping center). With the Port Stephens LGA being home to over 75,000* people, this location capitalises on a growing area and is ideal for both investors or occupiers.
Lot 2:
- 482 sqm* open plan retail shopfront with main road exposure to busy Adelaide Street
- Occupied by Just Mattresses with a passing net rent of $58,300* per annum (plus GST)
- Lease expiry of 19 September 2025 with no option period
- $10,014 p.a. ($28 per sqm), the tenant is responsible for outgoings
- Price guide $830,000
Lot 3:
- 337 sqm* commercial space currently utilised for allied health services
- Occupied by Hunter Physio with a passing net rent of $35,612* per annum (plus GST)
- Lease expiry of 31 October 2025 with three x three-year options
- $6,676 p.a. ($28 per sqm), the tenant is responsible for outgoings
- Price guide $700,000
Available separately, or in-one line purchase
For more information or to arrange an inspection, please contact the exclusive selling agents.
*Approximate