Featuring Pacific Highway Exposure and located less 200 metres from Ourimbah railway station, you will also find the local public school, The University of Newcastle & TAFE Ourimbah Campus' all within 700 metres. With easy access to the M1 (only 2km away), this awesome Village location is a great place to do business.
Burnside House, was built to accommodate 3 separate commercial units, each of approx. 82sqm of floor space, but it is currently configured for 2 separate tenancies with one tenant occupying 2 of the units & a second tenant occupying the 3rd.
Shop 1 - is occupied by a local medical specialist with the premises used for Medical & Consulting Rooms.
Shop 2 - is occupied by a long standing and successful Hair Salon
With lease terms in place, this property offers a solid, projected ROI of 5% to 5.5% just depending on the final terms.
There is also an option, to take an earlier possession (by agreement), of the Medical & Consulting rooms if the property is being purchase for owner occupancy.
Centrally positioned, and conveniently located - what a great opportunity....
* Easy M1 Freeway access - 2 km away
* Local village, strip shop location
* Pacific Highway, signage exposure
* Torrens titled building
* 3 separate shops, each of approx. 76sqm
* Public parking directly out front
* Flat parcel of land
* Low Maintenance building
For further details or to arrange a qualified, private inspection, please contact Andre Kubecka on 0414 807 876.
Land Size 295.8 sqm
Shop 1 Size Approx. 170sqm
Shop 2 Size Approx. 76sqm
Shop 1 Rental - Current. $66,666 p.a. Inclusive of GST
Shop 2 Rental - Current. $18,666 p.a. Inclusive of GST
Rates Approx. $3,352.87 p.a.
296 Square Mtr