Approximately 6.35% Return In Hand!

51/53 Beaumont Street,Hamilton NSW 2303

$3,000,000

RetailSize: n/a
Block size: 291 m² approx.Retail size: 250 m² approx.
Commercial investment with new 5 year leases. 6.35% net return in Newcastle's eat street. The lane way at rear allows for approximately 4 car parks and entry to the 2 units above off 2 bedrooms each.
Building has been extensively renovated over the past 25 years in a highly desirable location.
Solid investment with the tenants being able to stay open until the early morning with adjacent Oasis being trade limited you can feel secure in this investment that your tenant's can work into the early hours the morning.

On behalf of the vendors and the entire team at Castle Property, I am very excited to introduce to you this outstanding opportunity.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:Retail
Lot:102
Plan Type:DP
Plan:871627
Block Size:291 (approx)
Retail Size:250 (approx)
Stamp Duty:$150,490

Map

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Hamilton Suburb Information

 
 
Average Age
39 years
Population
4,071
Hamilton Profile
Hamilton Occupancy
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This listing has been viewed 78 times. It was first displayed on 12/08/15 and last updated on 07/12/18.