homeshelf  
0

BLUECHIP LOCATION. SECURE TENANTS. IDEAL FOR AN SMSF / YIELD FOCUSED INVESTORS

Sold

  •   -
  •   -
  •   -
Send agency an enquiry

1/102-106 Nelson St, Wallsend NSW 2287 Australia

Save 12
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
 
Contact agent
  •   -
  •   -
  •   -
  • Sold
 
General Information Phone enquiries - please quote property ID 18742
* Bluechip Nelson Street Location
* 3 tenants with 3 X 3 year leases in place (signed just 6 months ago). Tennants have been in the premises more that 10 years.
* Secure tenants with reputable office and retail businesses
* Building Area: 405 m2, floor area 233 m2
This property is in the heart of the CBD at Wallsend with 3 long term tenants, all with successful businesses. Tenants have been there for over 10 years and wish to continue for the long term. All 3 tenants signed again for 3 years, 6 month ago. Tenants can sign longer term leases if needed.
* Approximate market gross rental yield is approx. $80,000 p.a
* Creditworthy & reliable tenants. (never missed a payment in over 10 years of renting).
* Own parking area at the back to fit 8 + cars
* Redevelopment potential and potential developer buy-out opportunities at a later stage
Wallsend is a large commercial centre located in the west of Newcastle CBD. Its main street is Nelson Street, so this property is right in central hub of Wallsend.
This is an investors dream opportunity to have an investment in a commercial property with risk spread across 3 good office and retail businesses and currently offering a strong rental yield for the long term.
General Features
There are no general features available
Inspections
There are no inspections currently scheduled
 
Map of 1/102-106 Nelson St Wallsend NSW 2287
  • Shop 2a, 1-5 Station St
    Moorabbin VIC 3189
  • 1300 850 855
No Agent Property
 
 
 
 
Share this home
Facebook Twitter Email Copy link
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia
Photo of 1/102-106 Nelson St, Wallsend NSW 2287 Australia