Investor Or Owner Occupier
Type: FOR SALE
- Category :
- Land Area:799 Square Metres
- Building Area: 477
- Tenancy: Vacant
Wavemaster Australia Pty Ltd have been selling the standard in quality wave and
surfski design and fabrication since 1979.
They have been manufacturing and selling from this premises for over 20 years and prior to then, at 69 Broadmeadow Road.
Broadmeadow is geographically central within the greater Newcastle City, just 5km* from Newcastle CBD, 7km* from Charlestown CBD and 150km* from Sydney CBD.
The property consists of showroom/office of 102sqm* and separate workshop/warehouse of 375sqm* plus on site parking on a level site of 799sqm*.
Owners will consider a vacant possession sale with a little lead time.
Lease Term: 5 + 5 years commencing upon settlement
Rental: $52,000pa + outgoings + GST
Outgoings: council rates, water rates, building insurance, land tax
Reviews: Annually in accordance with CPI, to market at option
Yield: 7.48%* on sale price of $695,000
FOR SALE: $695,000