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Description: This well-located commercial investment offers investors a secure income stream underpinned by long-term leases, established tenants, and a tightly held Newtown location.
Positioned on a prominent corner allotment of 759 sqm. the property benefits from excellent dual street exposure and consistently high traffic volumes. The location is surrounded by major lifestyle and education anchors including The Newtown Shopping Centre, The Glennie School, Clifford Gardens Shopping Centre, Newtown Hotel, St Mary’s College and Laurel Bank Park, supporting strong tenant demand and long-term occupancy.
Both tenants have occupied the building since inception, providing a proven trading history and reduced leasing risk. A large onsite car park at the rear services both tenancies, adding functionality and future flexibility.
The property generates a total annual income of $52,000 + GST + outgoings, with income secured until October 2028, plus 3-year option periods, delivering strong WALE and long-term cash flow certainty.
Investment Summary
Net Income: $52,000 p.a. + GST + outgoings
Lease Expiry: 31 October 2028
Options: Two (2) x 3-year options
Site Area: 759 sqm.
Configuration: Two (2) income streams
Parking: Large onsite car park
Tenancy Breakdown
Tenancy 1 – Telecommunications Company
Lettable Area: 161 sqm.
Net Rent: $44,000 p.a. + GST + outgoings
Lease Expiry: 31 October 2028 + 3-year option
Tenancy 2 – Barber Shop
Lettable Area: 30 sqm.
Net Rent: $8,000 p.a. + GST + outgoings
Lease Expiry: 31 October 2028 + 3-year option
This asset represents a low-risk commercial investment with diversified income, strong land fundamentals, and future upside through holding, repositioning, or redevelopment (STCA).
To arrange an inspection or learn more, please contact Leon Carlile on 0418 795 484.
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