Newcastle

137-139 Nelson St, Wallsend, NSW 2287

  • 200 sqm

Sold

Sold

MIXED USE SUBURBAN INVESTMENT WITH UPSIDE!

Discover an exceptional opportunity to own a prime mixed use investment in the bustling community of Wallsend.

This versatile property, located at 137-139 Nelson St, offers an ideal location for investment being on the main street surrounded by a bustling atmosphere of retail shops, cafe’s & the Lemon Grove Hotel.

A fully leased mixed use investment this building includes 2 ground floor long standing commercial tenants + 2 residential tenants upstairs within a layout of 1 bedsitter & 1 × 3 bed unit.

With a total net return of approx. $55,500 Net +Outgoings + GST this is a great little investment for the superfund.

The vacant land at rear also has the option for further development potential.

Contact Reece Harrison at Raine & Horne Commercial on 0421 000 965.

Reece Harrison
Licensed Agent
Enquire Now

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L20835157
  • Property Type: Retail
  • Building / Floor Area: 200 sqm
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