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Knight Frank - Newcastle

24-26 Blue Gum Road Jesmond, NSW 2299

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24-26 Blue Gum Road,
Jesmond, NSW 2299

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Knight Frank - Newcastle
Carl Ellis
Brent Sinclair

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
Knight Frank - Newcastle
24-26 Blue Gum Road
Jesmond, NSW 2299

Map of 24-26 Blue Gum Road

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Fully leased investment in prime corner location

  • Fully leased multi-tenanted income
  • Net income $240,277* per annum (+GST)
  • Located adjacent to Jesmond Central
Knight Frank is proud to present an exciting opportunity to acquire a fully leased investment opportunity in 24-26 Blue Gum Road, Jesmond.

Key Features:
- Situated on Jesmond's busiest traffic corridor and intersection, providing unrivalled exposure and convenience
- Fully leased multi-tenanted freehold property
- Four retail shops with a net income of $240,277* per annum (plus GST)
- A mix of favourable fixed and CPI rental increases
- Prime corner ground floor retail building with a total net lettable area of 344 sqm*
- Positioned adjacent to Jesmond Central, a 20,366 sqm* gross floor area major regional shopping centre
- Centrally positioned to the University of Newcastle's Callaghan Campus
- Only moments away from bus services, allowing for ease of access to Newcastle CBD and surrounding areas

For more information, please enquire with the exclusive selling agents.

*Approximate

Property ID: 504398956Last Updated: 7 Nov 2023

Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
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