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SOLD

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

Properties / Sold / New South Wales / Jesmond

Tenanted Investment

1. Property Summary

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

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2. Property 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

Property Type

Retail

Sub-type

Mixed Use

Est. Income

$239,960 p/a

Number Of Tenants

Land Area

368 m² (*approx)

Floor Area

344 m² (*approx)

Selling Method

Sale by Negotiation

Selling Details

Contact Agent

2. Property 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

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

Knight Frank Newcastle

Suite 1, Ground Floor, 168 Parry StreetNewcastle NSW 2300

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Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

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