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Commercial Collective - NEWCASTLE

118 Gan Gan Road Anna Bay, NSW 2316

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118 Gan Gan Road,
Anna Bay, NSW 2316

Shops & Retail • Other
Added 1 day ago

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Sale - Auction Wed 25 Sep

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Commercial Collective - NEWCASTLE
Jacob Siever
Isaac Reville

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
118 Gan Gan Road
Anna Bay, NSW 2316

Map of 118 Gan Gan Road

Directions
  • Bus stops within 5 km of 118 Gan Gan Road, Anna Bay, NSW 2316Distance
    Gan Gan Rd Before James Peterson St110 m
    Gan Gan Rd Before Campbell Av133 m
    Margaret St Before Cromarty Cres215 m
    Gan Gan Rd Opp James Paterson St220 m
    Margaret St Before Davidson St279 m
    POWERED BY HERE ©
POWERED BY HERE ©

Entire Centre Anchored by SPAR Supermarket and Essential Services

  • Returning $414.458* net per annum + GST
  • Anchored by SPAR Supermarket
  • 4.2 year WALE
Auction Location: Online via Auctions Live and in room

For Sale by Public Auction 25th September 2024 11am AEST online via Auctions Live and in room.

Located in a popular tourist hotspot, 118 Gan Gan Road, Anna Bay is a fully let investment asset situated on a 7,369*sqm site area with a NLA of approx. 1,200*sqm. The property is anchored by SPAR Australia along with essential tenants, generating $414,458* net per annum. Occupied by SPAR, Anna Bay NEWSPOWER, Australia Post, Wholesale Meats, Hot Bread Bakery and Crave @ Rubi Blue Café, this property provides a secure investment opportunity in a popular Port Stephens suburb of Anna Bay.

The property holds a large site area with dual access for employees and customers. With 36 ongrade car parks and loading dock, the property is easily accessible to accommodate a large scale of shoppers and customers. Neighboring 118 Gan Gan Road is Anna Bay Tavern and located directly opposite is the Anna Bay Pharmacy and BP service station. The properties' superior location and investment prospects offer investors secure returns and quality tenant mix.

118 Gan Gan Road takes up approx. 40% of the entire site area, offering potential for expansion STCA. With the current tenant profile of 118 Gan Gan Road, Anna Bay and neighboring services, this added value of remaining land provides an opportunity to increase rental returns and tenancy growth.

Key features :
- Returning $414.458* net per annum + GST
- Anchored by SPAR Supermarket alongside Essential Service Tenancy Mix
- 4.2 year WALE
- 7,369sqm site area
- 36 onsite Car Parks & loading dock
- Dual access points

*Approximately

Property ID: 504671424Last Updated: 23 Aug 2024

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