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

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

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3. Property Location

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

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4. Due Diligence

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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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