Fantastic entry level property securely leased to long standing Singleton business “Hunter Floor Style”. Leased for 5 years with a further 5 year option the property has excellent fundamental features including two street frontages, B4 Mixed Use Zoning and a site area of 1,210m approx, which all bode well for future development (STCA). Our vendors instructions are clear to get this property sold on Auction day!
Strategic – 1,210m improved land parcel with two street frontages
Secure – Leased to long standing Singleton business “Hunter Floor Style” on a 5 + 5 year lease
Income – Net Income $25,000 pa approx.
Affordable – Ideal entry level investment or self-managed superannuation asset
Flexible – B4 Mixed Use zoning provides for multiple future uses including commercial / retail and residential (STCA)
Co-agent – Matt Kearney (Colliers)