



Auction Location: Commercial Collective, 10 Newcomen Street, Newcastle NSW 2300 Positioned in the tightly held lakeside suburb of Blacksmiths, this exceptional investment presents a rare opportunity to secure a substantial landholding with strong holding income and significant long-term upside. Returning $137,000* net per annum, the property comprises 10 diversified retail and commercial tenancies across a 1,638sqm* dual street frontage site. Underpinned by a quality mix of established tenants and offering outstanding value-add and redevelopment potential (STCA), this is a tightly held coastal asset with exceptional investment and development fundamentals. Investment Highlights: - Diversified investment returning $137,000* net per annum - 10 retail and commercial tenancies providing multiple income streams - Expansive 1,638sqm* landholding with valuable dual street frontage - Significant value-add and redevelopment potential (STCA) - Prime position within the tightly held waterside suburb of - Blacksmiths, moments from beaches and Lake Macquarie *Approximately
Email enquiry to Commercial Collective - NEWCASTLE
Property ID: 505235224
Original Property ID: 505235224