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10 Lake Street Windale, NSW 2306

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10 Lake Street,
Windale, NSW 2306

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Robust Multi-Tenant Investment

  • 4 fully leased shops
  • Net annual income of $82,769
  • Multiple street frontage and rear access
This freehold commercial property of four fully leased shops is zoned B1 Neighbourhood Centre. Located in the main strip of Windale, it has a total site area of 853.6sqm and total lettable area of 451.6sqm. The property has multiple street frontage and rear access. Positioned 25 minutes from Newcastle’s CBD and 2hrs from Sydney’s CBD. This commercial property boasts long term tenants - IGA Friendly Grocer (leased to 2022), Icebox Liquor (in occupation since 1985) and Vivid Life Church. This property generates an annual steady net income of $82,769. All tenancies are heavily supported by the local community. The property offers opportunities to strata all four shops or develop using the second street frontage and air space (STCA).

For Sale by Public Auction Thursday 10 November at 10.30am | Novotel, 5 King Street, Newcastle

(NA2016)

Property ID: 502131170Last Updated: 12 Apr 2017

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10 Lake Street
Windale, NSW 2306
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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