Located beside Beaumont Street in Newcastle this renovated warehouse (2002) offers a great earning stream $37,960 (gross) or 6.04 % p.a. Potential for $39,000 p.a.
Zoned by Council as “mixed use.”
The upstairs contains two spacious bedrooms, lounge, kitchen laundry and bathroom. $340 per week. Monthly lease.
The commercial lease have twelve months to run.
Downstairs contains 4 self contained offices, kitchenette, reception storage and bathroom (with shower). $390 per week
Council Rates $2,200 p.a.
A great investment opportunity offering lots of flexibility!