property for sale |
Price: 850,000
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| Ad # | 865259 |
| Contact | Rajendra Mackinley |
| Address | |
| City | Hawthorn |
| State | VIC |
| Zip | 3112 |
| Phone | |
| Type | Not Applicable |
| Created | July 24, 2008 |
| Updated | July 24, 2008 |
| Expires | January 23, 2009 |
| Viewed | 175 times |
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PRICE SLASHED $70,000 FROM SATURDAY 19th APRIL 2008 UNTIL THE END OF THE MONTH FOR QUICK SALE AND THEN LISTED WITH AGENT AT $920,000 * 8.2% net return Prime retail premises for sale in one of the most sought after areas of Newcastle.Near new building 200m2 total area,airconditioned,two car spaces. Current tennant spent over $90,000 on fitout and pays all outgoings.Lease is 2 years + 2 years.Current rent return is $69,000 which is 8.2% net.with a rent review later in the year with potential for 9%+ The two units were converted into one premise.It has two internal toilets/bathroom and one car space per unit .Could be converted back to two units . Future development potential includes minisupermarket(Foodworks marketing manager met on site and aggreed fantastic oportunity) also Deli as it offers monopoly on both-neither in this busy precinct,fashion,gallery,professional suite(which it is at the moment). Fantastic exposure,thousands of cars each day.
Rooms: 0 Bathrooms: 0 Car Spaces: 0
| Property Info Sheet |
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| Property type | |
| MLS # | |
| Square footage | 0 |
| Beds | 0 |
| Baths | 0 |
| Stories | 0 |
| Fireplaces | 0 |
| Year built | 0 |
| Lot size | |
| County | |
| Elementary school | |
| Middle school | |
| High school | |
| Subdivision | |
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| Property Features |
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 | Near School |
| Near Transit |
 | Ocean View |
| Lake View |
| Mountain View |
| Ocean Waterfront |
| Lake Waterfront |
| River Waterfront |
| Car Port |
| Dishwasher |
| Refrigerator |
| Washing Machine |
| Dryer |
| Range |
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| Oven |
| Carpet |
| Wood Floors |
| Tile Floors |
| Vinyl Floors |
| Utility Room |
| Central Heat/Air |
| Gas Heat |
| Gas Hot Water |
| Electric Hot Water |
| Deck |
| Patio |
| Porch |
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