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Lot 7/215 Pacific Highway, CHARLESTOWN, NSW, 2290

+5 Photos

+7 Photos

SOLD

Lot 7/215 Pacific Highway, CHARLESTOWN, NSW, 2290

Properties / Sold / New South Wales / Charlestown

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

2,847 m² (*approx)

Floor Area

122 m² (*approx)

Property Type

Offices, Child/Healthcare, Other

Sub-type

Office Suites, Full Floor Office, Consulting Rooms

Terms

Brand new 3+3 year lease to 2029

Est. Income

$50,647 p/a

Fully Leased

Northrop

Show All

2. Property Highlights

Central Office Investment | Brand New 3 Year Net Lease

National Engineering Firm Tenant
New 3+3 Year Lease to 2029
High Exposure Gateway Location

Burgess Rawson is pleased to offer to market this superbly leased Investment at Lot 7, 215 Pacific Highway, Charlestown NSW for sale via our Investment Auction Portfolio 159.

The property has the following investment highlights:

+ Brand new 3+3 year lease to 2029

+ Annual fixed compounding 3% rent increases, ensuring income growth

+ Attractive net lease, tenant pays usual outgoings as per lease plus property management

+ Northrop: leading Australian engineering consultancy with 10+ offices and 550 employees

+ 122sqm* office space with two secure car spaces on title

+ High exposure gateway location within Charlestown situated on Pacific Highway - 28,940 passing cars daily**

+ Charlestown: commercial, retail and medical hub hosting Charlestown Square – the largest retail centre in the Hunter Region

+ Net Income: $50,647 pa* + GST (as at 12 June 2023)

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 28 March 2023

Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx

**Oct-19 AADT, Transport for NSW

Remember to mention you found this property on CommercialReady