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Shops 1 & 2, 14 Fishing Point Road Rathmines, NSW 2283

Shops 1 & 2, 14 Fishing Point Road,
Rathmines, NSW 2283

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Fully Leased Investment - SOLD

  • Fully leased asset.
  • Prime corner position
  • Zoned B1 Neighbourhood Centre
The property comprises a recently constructed building which houses the Secret Corner Café / Restaurant,
along with a recently upgraded service station and convenience store.

- Total site area 575.4 square metres (approx.)
- Total building area 350 square metres (approx.) – includes both buildings
- Zoned B1 Neighbourhood Centre
- Service station and convenience store plus a separate building which houses the Secret Corner Café / Restaurant
- Shop 1 leased to April 2019 with a further five (5) year option (café / restaurant)
- Shop 2 leased to March 2020 with two further five (5) year options (service station)
- Current rental income $78,740 per annum net plus GST (approx.)
- Annual rent increases
- WALE 3.84 years by area as at 1 December 2015

The property occupies a corner site on the western side of Fishing Point Road, at the intersection with Secret
Corner Road, in Rathmines. The property is located approximately 34 kilometres south west of Newcastle’s
central business district along the western shoreline of Lake Macquarie.

The property is being offered For Sale by Private Treaty for $925,000 (sale of a going concern).

Property ID: 501923074Last Updated: 21 May 2018

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Shops 1 & 2, 14 Fishing Point Road
Rathmines, NSW 2283
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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