Watch Watch
Back
×
Sold Check
+13 Photos
365-371 Lake Road, GLENDALE, NSW, 2285

2. Property Highlights

Commanding ASX Listed Investment
  • 16,567 sqm* total site area
  • New 5 year plus 5 year leases
  • B4 Mixed Use zoning

Introducing a truly unique investment opportunity located in the Lake Macquarie suburb of Glendale. 365-371 Lake Road, Glendale boasts 4 lots on a sizable land area and is zoned B4 Mixed Use.

The Property is occupied by a long standing building supplies tenant, owned by Metcash (ASX:MTS), on new 5 year plus 5 year leases.

Located 14 km* to Newcastle CBD, 100 m* to one of the regions busiest intersections, the Crossroads at Glendale and just 10 mins* to the M1 Pacific Motorway.

Strategically positioned nearby to Lake Macquarie’s largest shopping centre, Stockland Glendale which is occupied by national retailers such as Bunnings, McDonalds, JB HiFi, Aldi, and the Stockland Supa Centre - home to Woolworths, Coles, K-Mart, Event Cinemas and more.

This property represents a highly compelling investment opportunity. Don't miss out on the chance to acquire this impressive property and enjoy sustained high returns for years to come.

- Combined net passing income of $499,448 plus GST

- 16,567 sqm* total site area

- 5,852 sqm* gross building area

- New 5-year leases with 5-year options

- B4 Mixed Use zoning under Lake Macquarie LEP 2014

The Expressions of Interest period has now closed for this property.

Please contact exclusive agents Knight Frank for further information.

*Approximately

Remember to mention you found this property on CommercialReady

Read More

3. Property Location

365-371 Lake Road, GLENDALE, NSW, 2285

Property Map
Show properties in the area

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into CommercialReady to allow access

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
365-371 Lake Road, GLENDALE, NSW, 2285 Glendale
Knight Frank Newcastle
Knight Frank Newcastle
Suite 1, Ground Floor, 168 Parry StreetNewcastle NSW 2300
View Agency Profile
calculator-icon Yield Calculator
calcultor-icon Yield Calculator