Shop 4, 395 Hillsborough Road,
Warners Bay, NSW 2282

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A Healthy Investment

Nearby Warners Bay Homemakers Centre
Total strata area 471sqm (approx.)
Leased to Rebel Sport Limited

Situated on the north-east side of Lake Macquarie and only 15km from Newcastle, this blue chip investment is located on busy Hillsborough Road in Warners Bay. Leased to Rebel Sport Limited, this premium investment provides strong income on a four year lease through to 30 June 2020 with a further four year option term. Located in a retail complex with various other national tenants, the property is nearby the major homemaker centre owned by Prime West. The tenant has injected significant capital into their new fitout, showcasing the premium product this national retailer offers.

- Current net income $103,682 per annum plus GST (approx.)
- Annual CPI rental increases
- Adjoining tenants include McDonalds and 7-Eleven
- Total strata area 471 square metres (approx.)
- Ample on-site parking
- Prime position within the Warners Bay Light industrial and bulky goods retail precinct
- Situated only 15 kilometres from the Newcastle CBD (approx.)

For Sale - $1,575,000.

(NPP)

Property ID: 502457870Last Updated: 31 Oct 2017

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