LAMBTON
37 Griffiths Road
3396sqm
1716sqm

sold

Commercial Investment
$3,090,000 (Sold as a going concern)
Building Area: 1,716m2 (approximately) - This commercial/retail investment is located on Newcastle's main western arterial road making it highly exposed and easily accessed. Included with this property is:
(2) Tenants (one retail) (one office) both on new (5) year leases
Hadley Cycles who have been in this location since 2000
Wanydali have just expanded into the neighbouring unit
Large asphalt car park
B(5) Business Development Zoning
3,247m2 parcel of land
Combined net income: $269,084pa + OGs + GST
Griffith Road is becoming a strong commercial/retail precinct, one that maximises its central position and convenience to both staff and customers. This ensures a sought after location.
WE'VE CONSISTENTLY BEEN THE GO-TO TEAM FOR ALL LEASING, SALES, MANAGEMENT, AND ADVICE - WITH A SMILE.
We're all about opening possibilities. Moving up, down, across, bigger, better - or as we like to say "Always a good move". We're shaking things up to do things differently, better, more effectively. Because, at the end of the day, it's really all about you. What do you want? What's your next move? How can we make that the best possible experience for you, your property, your lifestyle, your business? That's why we're here. That's what we do, and we have the team and the insights to make that happen.