129-135 Nelson St, Wallsend, NSW 2287

Blue Chip Retail Investment Opportunity with Future Developm

Located in Wallsend's main retail strip, with National tenant who has held this tenancy for many years and has recently signed a new lease with option period.

Property is nearby Wallsend Plaza shopping precinct, with public transport at door.

* Land size 702 square metres
* Building size 280 square metres
* Building brick/masonry construction with metal deck roofing
* Large exposure frontage to Nelson Street with rear access and parking lot
* Currently used at Lifeline's Retail Outlet very successful store.
* Huge on site parking at rear from rear access off Council Street
* Lease period 3 years plus option to renew for 3 years
* Current rent $96,000 pa nett (plus outgoings) annual 3% increments
* INFORMATION MEMORANDUM AVAILABLE UPON REQUEST

For further information or to register for Auction please contact WAYNE STEWART 0425 257 001

Zoning: E1 Local Centre
Land Area: 702sqm approx
Council: Newcastle
Land Rates: $8540pa approx
Water Rates: $997pa approx

IMPORTANT INFORMATION ABOUT AUCTIONS –

We welcome you to bid on-site or on-line. All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process. Register via this link.. https://buy.realtair.com/properties/298035. Call 02 4943 6333 if you require assistance.

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.

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Every precaution has been taken to establish accuracy of the information but does not constitute any representation by the vendor or real estate agent. You should make your own enquiries as to its accuracy.