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365-371 Lake Road, GLENDALE, NSW, 2285

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365-371 Lake Road, GLENDALE, NSW, 2285

Glendale

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365-371 Lake Road, GLENDALE, NSW, 2285

Glendale

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365-371 Lake Road, GLENDALE, NSW, 2285

365-371 Lake Road, GLENDALE, NSW, 2285

Properties / Sold / New South Wales / Glendale
Tenanted Investment
Selling Method
EOI Now Closed – Offers Under Assessment
Land Area
16,567 m² (*approx)
Floor Area
5852 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse
Terms
New 5-year leases with 5-year options
Est. Income
$499,448 p/a
Fully Leased
Metcash
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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
Tenanted Investment
Tenanted Investment

365-371 Lake Road Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse
Est. Income
$499,448 p/a
Tenant
Metcash
Terms
New 5-year leases with 5-year options
Land Area
16,567 m² (*approx)
Floor Area
5852 m² (*approx)
Selling Method
EOI Now Closed – Offers Under Assessment

Investment 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

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365-371 Lake Road, GLENDALE, NSW, 2285

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Property Location of 365-371 Lake Road, GLENDALE, NSW, 2285

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365-371 Lake Road, GLENDALE, NSW, 2285 Glendale
Knight Frank Newcastle
Knight Frank Newcastle
Suite 1, Ground Floor, 168 Parry StreetNewcastle NSW 2300
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