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Colliers - Newcastle

63-71 Main Road Boolaroo, NSW 2284

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63-71 Main Road,
Boolaroo, NSW 2284

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Fully leased investment on significant land holding

  • 100% leased to six tenants
  • Significant corner site of 1,296sqm*
  • Net income of $69,318* pa (plus GST)
The property is located on Main Road, Boolaroo and dominates a prime corner position. The subject property consists of two buildings 100% leased to six individual tenants which offers a diversified income stream with staggered lease expiries and rental upside.

The buildings sit on a substantial main road parcel of land with a combined site area of 1,296sqm* over two titles. The tenancies have rear access for parking accessed off Sixth Street.

Features include:
- 1,296sqm* corner site area
- Net income $69,318 pa (plus GST)
- Zoned B1 Neighbourhood centre
- 100% leased to six tenants

The property is going to Public Auction on Thursday 9 December at 10:30am
Venue: 18 Honeysuckle Drive Newcastle

*Approximate

Property ID: 503944794Last Updated: 29 Nov 2022

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
63-71 Main Road
Boolaroo, NSW 2284

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