Opportunity, Location & Yield

SOLD

13 Melbourne Street

East Maitland NSW 2323

Retail

FOR SALE

200m2

Very rarely do small freehold investment style properties become available for sale in the Melbourne Street precinct, Being sold as a going concern and showing a healthy yield.
13 Melbourne Street offers opportunity for building expansion as well as total redevelopment.

Features Include:
• Double brick construction
• Office area & Showroom
• Large carpark & loading area
• High profile location

Particulars:
• Building area: 200m2 approx
• Land area: 889m2
• Frontage: 23m

Lease Details:
• Commercial lease expiring: 31 July 2018
• Option Period: Nil
• Outgoings: paid by lessee
• Present rental: $32,400 net pa plus GST

For further information please contact Brendan Sarroff on 0400 986 779