- Highly versatile 2,000sqm freehold unit with A-Grade seismic rating
- Strategic city fringe location right by University, Broadway and Train Station
- Long lease to well-established tenant returning $350,000 + GST p.a. (net)
- Alternatively, attractive options for owner occupiers & add-value investors
Located in a prime city fringe position near the corner of Khyber Pass and Broadway, this property benefits from the diverse range of amenities that make Newmarket such a vibrant and popular location to both live and work.
The long running home of Newmarket Tenpin bowling with gaming lounge and pool hall, this is a supremely versatile opportunity. For passive investors, it offers an attractive yield from a well-established tenant on a 6-year term. For owner occupiers, an extremely rare centrally located warehouse building with 5.5m stud height and the added convenience of being positioned on top of a car park building. For add-value investors, the flexible Metropolitan Centre zoning permits a wide range of uses including residential, healthcare, offices, entertainment, warehousing and storage.
A very unique city fringe opportunity with broad appeal, call now!