Share this property

Colliers - Newcastle

187 Kelly Street Scone, NSW 2337

Directions

187 Kelly Street,
Scone, NSW 2337

Shop & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Tenure type

Sold on

Map of 187 Kelly Street

Directions

Premium investment with new 5 year lease to National Tenant

  • Net passing income $103,225pa (plus GST)
  • New 5 year lease with two 5 year options
  • Building area - 1,000sqm*
UNDER CONTRACT

- The fully leased single storey Torrens title building is occupied by The Reject Shop Limited on a new 5 year lease expiring in October 2026, with a further two 5 year options.

- The property has a total building area of 1,000sqm*, which comprises a retail area, two small offices, stock room, amenities and private loading dock. The property is ideally situated in the heart of the Scone town centre, on a 884.6sqm* site with a flexible B2 Local Centre zoning.

- Current net income of $103,225* net per annum (plus GST) with fixed 3% annual rental increases.

For Sale via Public Auction Thursday 09 December 2021 at 10.30am.
Auction Venue: Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300


*Approximate.

Property ID: 503933030Last Updated: 17 Jan 2022

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
Colliers - Newcastle
187 Kelly Street
Scone, NSW 2337
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Colliers - Newcastle

Other properties you might be interested in based on the location and property type you are looking at.