63-71 Main Road,
Boolaroo, NSW 2284

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Map of 63-71 Main Road

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Fully leased investment on significant land holding

100% leased to six tenants
Significant corner site of 1,296sqm*
Net income of $69,318* pa (plus GST)

The property is located on Main Road, Boolaroo and dominates a prime corner position. The subject property consists of two buildings 100% leased to six individual tenants which offers a diversified income stream with staggered lease expiries and rental upside.

The buildings sit on a substantial main road parcel of land with a combined site area of 1,296sqm* over two titles. The tenancies have rear access for parking accessed off Sixth Street.

Features include:
- 1,296sqm* corner site area
- Net income $69,318 pa (plus GST)
- Zoned B1 Neighbourhood centre
- 100% leased to six tenants

The property is going to Public Auction on Thursday 9 December at 10:30am
Venue: 18 Honeysuckle Drive Newcastle

*Approximate

Boolaroo, 2284 demographic data

The median household income for Boolaroo is $1,504, 5% higher than Regional New South Wales's household income of $1,434. Boolaroo has a younger age profile compared to the rest of Regional New South Wales (median age 39 vs 43). Property ownership data shows 49% of property owners in Boolaroo have a mortgage.

1,636

Population

$1,504 per week

Median household income

39 years

Median age

Owners

Most residents

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Most households