Belmont22/635 Pacific Highway

Multi-Tenanted Investment Returning Over 7% Yield!

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. Two adjoining tenancies are on month to month leases so there is also an opportunity here to occupy, whilst having an income at the same time.

- Net return approximately $61,472
- Includes (8) secure car parks, (7) of which are leased separately
- Split into (3) Separate suites

The tenancy mix includes a photographer, hair/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

+61 2 4915 3000

0425 302 778

Property Information

  • Street Address 22/635 Pacific Highway
  • Type Commercial
  • Price By negotiation - $750,000 - $790,000 (No GST Appl)
  • State NSW
  • Suburb Belmont
  • Property Type Retail
  • Building Size 296 m2

Location Map