Burgess Rawson is pleased to offer 11/45 Donald Street, Nelson Bay NSW for sale via Expressions of Interest closing 4.00pm Thursday 16 November (Unless Sold Prior)
The property has the following investment highlights:
+ Renewed 5 year lease to 2026 plus option to 2031
+ Impressive 3 screen cinema with 405 seats + confectionery bar
+ Nelson Bay beachside hub of popular Port Stephens 2.5 hours from Sydney
+ Located at the epicentre of vibrant retail & entertainment precinct
+ Compounding 3% fixed annual rental increases (forecast rental income $135,061 in 2026)
+ Net lease, tenant pays outgoings (*excluding land tax), as per lease
+ Substantial total strata area of 782sqm
+ Net Income: $123,600 pa^ + GST
Expressions of Interest closing 4.00pm Thursday 16 November (Unless Sold Prior)
Guide for Offers $1,500,000 (8.25%)
Please contact the exclusively appointed Burgess Rawson team for more information
^Approx
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