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Commercial Collective - NEWCASTLE

16-18 Nana Street Nana Glen, NSW 2450

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16-18 Nana Street,
Nana Glen, NSW 2450

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Sale - Expression of Interest

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Under Contract

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Commercial Collective - NEWCASTLE
Isaac Reville
Jacob Siever

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
16-18 Nana Street
Nana Glen, NSW 2450

Map of 16-18 Nana Street

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Prime grade investment asset with a long-term lease

  • Net income $256,723.21* pa + GST
  • Multi-use investment opportunity
  • Essential service to Nana Glen
For Sale by Expressions of Interest Closing Thursday 22nd August 2024 at 4pm

Offering a regional investment with strong net returns. With a 10 year lease term and 3 five year options, this property offers a prime investment opportunity which is essential to the Nana Glen suburb as it includes the only service station in the suburb as well as a bottle shop, takeaway shop and post office. Nana Glen and surrounding suburbs have a local population of 5,200 residents.

16-18 Nana Street is a semi-modern freestanding facility with improvements to the site being a digital signage tower, concrete driveway, landscaping, storage shedding, post boxes and consistent upkeep.

Key features include:
- Net income $256,723.21* per annum plus GST
- Tenant being a prominent player in the fuel, retail and hospitality services
- Multi-use investment opportunity
- Essential service to Nana Glen

*Approximately

Property ID: 504640124Last Updated: 8 Oct 2024

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