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507-511 Pacific Highway Belmont, NSW 2280

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507-511 Pacific Highway,
Belmont, NSW 2280

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Main Road Development Site with Holding Income

  • Favourable B4 Mixed Use zoning
  • Total building area - 284sqm (approx.)
  • 48m (approx.) Pacific Highway frontage
507-511 Pacific Highway, Belmont presents a compelling development opportunity, underpinned by excellent holding
income, with staggered expiries in 2017 and 2018. The site benefits from its significant 48m* frontage to the Pacific Highway, combined with a regular shaped and level allotment. The favourable B4 Mixed Use zoning allows multiple development uses (STCA), with Australia’s largest retail and commercial businesses including McDonalds, Coles Express,
Liquorland, KFC and Aldi, all located within 150m*.

- Favourable B4 Mixed Use zoning
- 48m (approx.) Pacific Highway frontage
- Total site area - 1,674sqm (approx.)
- Total building area - 284sqm (approx.)
- $44,114 net income per annum (approx.)
- Leases expire in 2017 and 2018
- Advantageous rear lane access

For Sale by Public Auction Thursday 4 May at 10.30am | Novotel, 5 King Street, Newcastle

(NA2017)

Property ID: 502352046Last Updated: 7 Dec 2017

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507-511 Pacific Highway
Belmont, NSW 2280
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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