Building Area: 296m2 (approx)
Forming part of the “Pinnacle Apartments” building, this ground floor commercial suite is split into (3) separate tenancies and is 100% tenanted.
- Net return approximately $56,948
- Includes (8) secure car parks – (7) of which are leased separately
- Shows a current return of over 6.5% per annum
The tenancy mix includes a remedial massage therapist, hair and beauty salon and gaming venue.
A great source of continual income with risk split over multiple tenancies.
The building was constructed in 2004 and is positioned in the heart of Belmont CBD. Belmont is located approximately (20) kilometres south of Newcastle and is one of Lake Macquarie’s major business centres.