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Knight Frank - Newcastle

636 Pacific Highway Belmont, NSW 2280

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636 Pacific Highway,
Belmont, NSW 2280

Shops & Retail • Offices

Key property information

Floor area

Tenure type

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Map of 636 Pacific Highway

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Commercial & Residential Investment Opportunity

  • Fully leased investment
  • Main road location
  • On-site parking
Knight Frank is pleased to present to the market for sale a commercial and residential investment opportunity at 636 Pacific Highway, Belmont.

Situated on a prominent corner site, the 95 sqm* shop is currently occupied by Alure Thai Massage on a 2x1 year lease which commenced 1 August 2020. The residential unit at the rear is also occupied by a longstanding tenant.

Combined net income of approximately $27,000 plus GST per annum.

At the rear of the property, accessed via Victoria Street, there is a single garage with additional parking space for 3 more vehicles.

For a copy of the Information Memorandum or to arrange an inspection, please contact Dan Barry on 4920 5700.

Belmont, 2280 demographic data

The median household income for Belmont is $1,280, 11% lower than Regional New South Wales's household income of $1,434. Belmont has an older age profile compared to the rest of Regional New South Wales (median age 48 vs 43). Property ownership data shows 38% of property owners in Belmont have a mortgage.

7,289
Population
$1,280 per week
Median household income
48 years
Median age
Owners
Most residents
Families
Most households

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
04375580...
Knight Frank - Newcastle
636 Pacific Highway
Belmont, NSW 2280
Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

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