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Commercial Collective - NEWCASTLE

135 City Road Merewether, NSW 2291

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135 City Road,
Merewether, NSW 2291

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Commercial Collective - NEWCASTLE
Brad Crouch
Isaac Reville

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
135 City Road
Merewether, NSW 2291

Map of 135 City Road

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Block of 5 apartments to be sold in-one-line

  • Site area 526sqm*
  • Five apartments sold in one line
  • Dual street frontage to City & Edwards
Ideally located in the beachside suburb of Merewether, 135 City Road present a rare opportunity to purchase a secure multi-tenanted residential investment. The property features five apartments, including a spacious two-bedroom unit and four cosy one-bedroom units, each with a single lock-up garage. With a rental income of $77,072 net per annum, this property provides a steady cash flow and potential for future growth.

Located in the sought-after suburb of Merewether and surrounded by premium lifestyle amenity, the property offers a highly desirable location near Newcastle's best beaches, The Junction Village shopping centre, schools, and public transport.

- Prime lifestyle location
- Robust multi tenant cash flow
- Beachside suburb location
- Five apartments sold in one line
- All apartments include a single lock up garage
- Zoned R2 Residential
- Dual street frontage to City Road and Edward Street

*Approximately

Property ID: 504326288Last Updated: 11 Nov 2024

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