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5 Cook Parade Lemon Tree Passage, NSW 2319

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5 Cook Parade,
Lemon Tree Passage, NSW 2319

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Long Lease to Cellarbrations

  • Site area 627.70sqm (approx.)
  • Waterside mixed use development
  • AUCTION Wednesday 3 August at 10.30am
- Anchored by a strong performing Cellarbrations bottle shop on a ten year lease expiring 2021, this waterside mixed use
development also comprises two generous sized residential apartments above.
- Constructed in 2001 this well-maintained and solid commercial building occupies a prime position boasting water views. Positioned in the seaside village of Lemon Tree Passage, part of the Port Stephens blue water wonderland, this property is situated 45 minutes from Newcastle, two hours from Sydney and 30 minutes from Nelson Bay.
- Leased to Cellarbrations until Dec 2021
- Two x 2 bedroom residential apartments
- Waterside position with views
- Net passing income $100,000 pa (approx.)
- Zoned B1 Neighbourhood Centre
- 158sqm (approx.) ground floor
- Building area 454sqm (approx.)
- Site area 627.70sqm (approx.)

For Sale by Public Auction Wednesday 3 August at 10.30am | Novotel, 5 King Street, Newcastle

(NA2016)

Property ID: 502017466Last Updated: 7 Feb 2018

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5 Cook Parade
Lemon Tree Passage, NSW 2319
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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