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Lot 2, Building D, 274 Macquarie Road Warners Bay, NSW 2282

Lot 2, Building D, 274 Macquarie Road,
Warners Bay, NSW 2282

Offices • Shops & Retail

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Secure NSW Government Leased Investment

  • Recently upgraded services and fitout
  • Internal strata area - 580sqm (approx.)
  • 16 car spaces on title
The subject property is situated within a large format retail development on the eastern side of Macquarie Road, at Warners Bay.

The property benefits from a recent first class fitout including a large open plan customer service area with 19 operating service counters, together with staff office areas, storage rooms, amenities and staff room/kitchenette. The main access to the air-conditioned building is via automatic glazed sliding doors directly from the on-grade car park.

- Fully leased to the NSW Government (Property NSW). Service NSW have consolidated Service Centres at Belmont and Toronto to this location.
- New three year lease from 1 May 2017 with a five year option. NSW Government has been the existing tenant (RTA and now Service NSW) for over eight years.
- Net income of $150,000 per annum (approx.) plus GST, with fixed 2.5% annual increases.
- Total internal strata area of 580 square metres (approx.)
- 16 car spaces on title.
- Zoned B7 Business Park under Lake Macquarie LEP 2014
- Forms part of a thriving mixed use strata development within a large format retail and commercial precinct

For Sale by Private Treaty for $2,000,000 (sale of a going concern).

(NPP)

Property ID: 502453222Last Updated: 14 Nov 2017

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Lot 2, Building D, 274 Macquarie Road
Warners Bay, NSW 2282
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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