BelmontLot 22/635 Pacific Highway

Multi-Tenanted Investment

Building Area: 296m2 (approx)

Forming part of the "Pinnacle Apartments" building, this ground floor commercial suite is split into (3) separate tenancies and is 100% tenanted.

* Net return approximately $56,948
* Includes (8) secure car parks - (7) of which are leased separately
* Shows a current return of over 6.5% per annum

The tenancy mix includes a remedial massage therapist, hair and beauty salon and gaming venue.

A great source of continual income with risk split over multiple tenancies.

The building was constructed in 2004 and is positioned in the heart of Belmont CBD. Belmont is located approximately (20) kilometres south of Newcastle and is one of Lake Macquarie's major business centres.

Contact Agent

Jason Morris

Jason Morris

Raine & Horne Commercial

02 4915 3000

0425 302 778

Property Information

  • Street Address Lot 22/635 Pacific Highway
  • Type Commercial
  • Price $850,000 (No GST applicable)
  • State NSW
  • Suburb Belmont
  • Property Type Retail
  • Land Size 1170 m2
  • Building Size 296 m2

Location Map