21 Bourke Street,
Raymond Terrace, NSW 2324
Shops & Retail
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Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry StreetNEWCASTLE WEST, NSW 2302
21 Bourke Street
Raymond Terrace, NSW 2324
Map of 21 Bourke Street
Bus stops within 5 km of 21 Bourke Street, Raymond Terrace, NSW 2324 Distance Adelaide St Opp Cinema Centre 99 m Port Stephens Council, Adelaide St 116 m St Brigid's Catholic Church, Irrawang St 217 m Boomerang Park, Irrawang St 232 m Irrawang St After Bourke St 240 m POWERED BY HERE ©
POWERED BY HERE ©
High profile large format retail investment
- Longstanding national tenant
- 867 sqm* large format retail site
- $120,230* net passing income per annum
Knight Frank Newcastle is pleased to offer Lear & Smith, 21 Bourke Street, Raymond Terrace to the market For Sale.
Occupied by nationally recognised tenant, Rexel Australia trading as Lear & Smith Electrical Wholesalers, Rexel has been in the Australian electrical industry for over 100 years with a nationwide network of 127 branches.
Key investment highlights include:
- Lear & Smith have been in occupation at the property for 15 years
- High profile 867 sqm* GFA building, comprising a modern LFR showroom and rear warehouse and hardstand area
- Expiring lease term of 30 June 2025, allowing for potential rental upside
- Current passing income of $120,230* net per annum (plus GST) equating to $138/sqm
- Strategic position that has strong fundamentals (main road exposure and is 250 m* from MarketPlace Raymond Terrace, a large regional shopping centre)
- Port Stephens LGA is home to over 75,000* people
For more information or to arrange an inspection, please contact the exclusive selling agents.
*Approximate
Occupied by nationally recognised tenant, Rexel Australia trading as Lear & Smith Electrical Wholesalers, Rexel has been in the Australian electrical industry for over 100 years with a nationwide network of 127 branches.
Key investment highlights include:
- Lear & Smith have been in occupation at the property for 15 years
- High profile 867 sqm* GFA building, comprising a modern LFR showroom and rear warehouse and hardstand area
- Expiring lease term of 30 June 2025, allowing for potential rental upside
- Current passing income of $120,230* net per annum (plus GST) equating to $138/sqm
- Strategic position that has strong fundamentals (main road exposure and is 250 m* from MarketPlace Raymond Terrace, a large regional shopping centre)
- Port Stephens LGA is home to over 75,000* people
For more information or to arrange an inspection, please contact the exclusive selling agents.
*Approximate
Property ID: 504586060Last Updated: 15 May 2024
Knight Frank - NewcastleSuite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
NEWCASTLE WEST, NSW 2302
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