159&163 Lambton Road, Newcastle, NSW 2300

Medical | Development/Land | Offices

For Sale Expressions of Interest

  • Property ID: 396446
  • Floor Area: 982m²
  • Land Area: 1673m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Freehold Medical Property to suit owner occupier wanting day surgery & ground floor consulting rooms

Chase Commercial is pleased to exclusively present this rare medical/office freehold in Broadmeadow to the market for sale. Property features include:

Property #1 - Suit medical owner occupier or investor
• 163 Lambton Road - 882m2 site with (3) tenants with passing income of circa $305,000 + Outgoings + GST
• Includes lift + significant depreciation benefits
• Ground floor fully approved surgery with car parks
• Fantastic branding and traffic exposure with further passing income

Property #2 - suit owner occupier or developer
• 159 Lambton Road - 683m2 freestanding commercial house with two street access and great car parking.
• Rented at circa $20,000 net income
• Excellent development potential
• Can be sold individually or together

This large medical freehold and commercial house is being offered to the market for sale via expression of interest closing 5pm 8th October 2021.

This quality property is being offered as part of a larger investment portfolio or can be purchased individually. Property features 8 on-site car parks with rear access, 3 levels of quality medical/office floor area and just minutes away from Newcastle CBD with 3 tenancies.

Contact Chase Commercial Director Rod Brown for further information.

Newcastle Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $590 ---
Retail --- $286 ---
This is the average advertised price, rent and yield for Newcastle, NSW 2300*
* 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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