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Raine & Horne Commercial - Newcastle

61 Nelson Street Wallsend, NSW 2287

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61 Nelson Street,
Wallsend, NSW 2287

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Price information

Sale

$765,000 + GST (if applicable)

Key property information

Land area

Floor area

Tenure type

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Map of 61 Nelson Street

Directions
  • Train stations within 5 km of 61 Nelson Street, Wallsend, NSW 2287Distance
    Warabrook Station4.2 km
    Sandgate Station4.5 km
    Cardiff Station4.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 61 Nelson Street, Wallsend, NSW 2287Distance
    Tyrrell St at Council St154 m
    Wallsend District Library, Bunn St242 m
    Bunn St Opp Wallsend District Library248 m
    Cowper St After Nelson St327 m
    Stockland Wallsend, Kokera St346 m
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POWERED BY HERE ©

Investment or Owner Occupy Opportunity

Consisting of four separate tenancies this two storey building is 50% occupied with long standing tenants on the ground floor.

- Renovated first floor which is vacant and available to be occupied - 218m2 approx.
- Iron clad warehouse backing onto the building - vacant
- Current net return approx $25k per annum
- Ability to achieve approx $55k per annum once fully leased


A whole lot of building for not a lot of outlay that is located in Wallsend's main street.

Additional information

Property ID: 503586782Last Updated: 31 Jul 2020

0425 *** ***
Raine & Horne Commercial - Newcastle
61 Nelson Street
Wallsend, NSW 2287

Raine & Horne Commercial - Newcastle

92-94 Darby Street
COOKS HILL, NSW 2300

Agency contacts

Raine & Horne Commercial - Newcastle
Raine & Horne Commercial - Newcastle
92-94 Darby Street
COOKS HILL, NSW 2300
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Jason Morris

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Jason Morris
Raine & Horne Commercial - Newcastle
61 Nelson Street Wallsend, NSW 2287

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Jason Morris

    Jason Morris

    Raine & Horne Commercial - Newcastle
    0425 *** ***