22/635 Pacific Highway, Belmont, NSW 2280

Retail

Sold $790,000

  • Property ID: 350994
  • Floor Area: 296m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 296m2 N/A N/A
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.

- Net return approximately $59,912
- Includes (8) secure car parks, all of which are leased separately
- Split into (3) Separate suites

The tenancy mix includes a hair and beauty salon and message spa.

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.

Belmont Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6481 --- ---
Retail --- $268 ---
Offices --- $379 ---
This is the average advertised price, rent and yield for Belmont, NSW 2280*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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