Standout Investment Property -7% Return
SOLD
46 Dickson Street
Lambton NSW 2299
Leisure
FOR SALE
810m2
Starr Partners Maitland & Raine & Horne Commercial Newcastle are pleased to offer for sale via Expressions of Interest, 46 Dickson Street Lambton.
This property is located in a highly sought after area, secured by long lease terms and overseen by an award-winning management team. An extensive renovation of the ground floor hotel and upstairs accommodation has been completed.
The property presents a great opportunity to secure a solid return on investment with future upside and development potential.
• Two income streams returning approx. $247,500
• New 10 year and 6 year lease terms with options
• Fully renovated, 2 level building.
• Prominent corner location in the popular suburb of Lambton
• Annual CPI escalation clauses apply
• Outgoings 100% recoverable
• 3 street frontages
• Major growth area and redevelopment potential
Information Memorandum available on request.. .
This property is located in a highly sought after area, secured by long lease terms and overseen by an award-winning management team. An extensive renovation of the ground floor hotel and upstairs accommodation has been completed.
The property presents a great opportunity to secure a solid return on investment with future upside and development potential.
• Two income streams returning approx. $247,500
• New 10 year and 6 year lease terms with options
• Fully renovated, 2 level building.
• Prominent corner location in the popular suburb of Lambton
• Annual CPI escalation clauses apply
• Outgoings 100% recoverable
• 3 street frontages
• Major growth area and redevelopment potential
Information Memorandum available on request.. .