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24-26 Blue Gum Road, Jesmond, NSW, 2299

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24-26 Blue Gum Road, Jesmond, NSW, 2299

Jesmond

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24-26 Blue Gum Road, Jesmond, NSW, 2299

Jesmond

SOLD
24-26 Blue Gum Road, Jesmond, NSW, 2299

24-26 Blue Gum Road, Jesmond, NSW, 2299

Properties / Sold / New South Wales / Jesmond
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
Contact Agent
Land Area
368 m² (*approx)
Floor Area
344 m² (*approx)
Property Type
Retail
Sub-type
Mixed Use
Est. Income
$239,960 p/a
Show All
Fully leased investment in prime corner location
  • Fully leased multi-tenanted income
  • Net income $240,277* per annum (+GST)
  • Located adjacent to Jesmond Central

Knight Frank is proud to present an exciting opportunity to acquire a fully leased investment opportunity in 24-26 Blue Gum Road, Jesmond.

Key Features:

- Situated on Jesmond's busiest traffic corridor and intersection, providing unrivalled exposure and convenience

- Fully leased multi-tenanted freehold property

- Four retail shops with a net income of $240,277* per annum (plus GST)

- A mix of favourable fixed and CPI rental increases

- Prime corner ground floor retail building with a total net lettable area of 344 sqm*

- Positioned adjacent to Jesmond Central, a 20,366 sqm* gross floor area major regional shopping centre

- Centrally positioned to the University of Newcastle's Callaghan Campus

- Only moments away from bus services, allowing for ease of access to Newcastle CBD and surrounding areas

For more information, please enquire with the exclusive selling agents.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

24-26 Blue Gum Road Investment Summary

Property Type
Retail
Sub-type
Mixed Use
Est. Income
$239,960 p/a
Number Of Tenants
4
Land Area
368 m² (*approx)
Floor Area
344 m² (*approx)
Selling Method
Sale by Negotiation
Selling Details
Contact Agent

Investment Highlights

Fully leased investment in prime corner location
  • Fully leased multi-tenanted income
  • Net income $240,277* per annum (+GST)
  • Located adjacent to Jesmond Central

Knight Frank is proud to present an exciting opportunity to acquire a fully leased investment opportunity in 24-26 Blue Gum Road, Jesmond.

Key Features:

- Situated on Jesmond's busiest traffic corridor and intersection, providing unrivalled exposure and convenience

- Fully leased multi-tenanted freehold property

- Four retail shops with a net income of $240,277* per annum (plus GST)

- A mix of favourable fixed and CPI rental increases

- Prime corner ground floor retail building with a total net lettable area of 344 sqm*

- Positioned adjacent to Jesmond Central, a 20,366 sqm* gross floor area major regional shopping centre

- Centrally positioned to the University of Newcastle's Callaghan Campus

- Only moments away from bus services, allowing for ease of access to Newcastle CBD and surrounding areas

For more information, please enquire with the exclusive selling agents.

*Approximate

Remember to mention you found this property on CommercialReady

Read More

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24-26 Blue Gum Road, Jesmond, NSW, 2299

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Property Location of 24-26 Blue Gum Road, Jesmond, NSW, 2299

Property Map
24-26 Blue Gum Road, Jesmond, NSW, 2299 Jesmond
Knight Frank Newcastle
Knight Frank Newcastle
Suite 1, Ground Floor, 168 Parry StreetNewcastle NSW 2300
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