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Commercial Collective - NEWCASTLE

Suite 2, 56 The Entrance Road The Entrance, NSW 2261

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Suite 2, 56 The Entrance Road,
The Entrance, NSW 2261

Other • Offices • Shops & Retail

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Commercial Collective - NEWCASTLE
Isaac Reville
Sebastian Kavanagh

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
Suite 2, 56 The Entrance Road
The Entrance, NSW 2261

Map of Suite 2, 56 The Entrance Road

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Investment opportunity in beachside suburb

  • Returning $50,618.88* net pa + GST
  • 4% annual increases
  • Walking distance to popular amenity
Expressions of Interest closing Thursday 6 October 2022 at 4pm

Ideally positioned in the heart of The Entrance, Suite 2, 56 The Entrance Road is within easy walking distance to popular restaurants, bars, the Lakeside Shopping Centre and an array of beautiful beaches. Comprising of 263sqm*, the premises is currently occupied by The Entrance Backpackers, returning $50,618.88* net per annum. The tenant is responsible for 100% of outgoings, with a lease in place until February 2024 and a further 5 year option.

Key features:

- Returning $50,618.88* net per annum + GST
- Currently tenanted until 2024 with a 5 year option
- Tenant pays 100% of outgoings
- 4% annual increases
- Backpackers with accommodation for 39 guests
- Located close to premium lifestyle amenity

*Approximately

Property ID: 504150071Last Updated: 9 Nov 2023

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