Development Opportunity With Holding Income

This excellent property offers a unique opportunity to acquire a significant landholding in the desirable and well-established industrial and retail area of Salamander Bay. With its prime location, the site offers great potential for businesses looking for a strategic spot or developers looking to benefit from future growth in the area.

The property is currently fully leased until 29 February 2028, returning an annual income of $94,464.51 plus GST with a 3 year option.

Property Features Include:
– Total building area 185sqm
– Total land area 2639sqm
– Zoned E4 General Industrial
– Street frontages totalling 60 metres*
– Surrounded By Well Established Businesses

Located in the well-established Salamander Bay precinct, this property boasts a prime position with exposure to local thriving businesses and beaches, just 550m to Salamander Bay Village Shops, 650m from Salamander Bay Beach, and a 25-minute drive to Newcastle Airport.

For Sale by Expressions of Interests closing Thursday 1st of May at 5pm.

The Aspect Selling Team look forward to helping you on your property journey.

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property Location

149-151 George Road, Salamander Bay NSW 2317

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