22/635 Pacific Highway, Belmont, NSW 2280

  • 296 sqm

For sale

By negotiation - $750,000 - $790,000 (No GST Appl)

Multi-Tenanted Investment Returning Over 7% Yield!

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. Two adjoining tenancies are on month to month leases so there is also an opportunity here to occupy, whilst having an income at the same time.

  • Net return approximately $61,472

  • Includes (8) secure car parks – (7) of which are leased separately

  • Split into 3 Separate suites

    The tenancy mix includes a photographer, hair/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.

Property Info:
  • Property ID: d258e2c1-3263-44b4-a529-bc7e8ac98324
  • Property Type: Retail
  • Building / Floor Area: 296 sqm