Wickham45 Fleming Street

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Residential Investment - Commercial Lease

This unique property was once an industrial workshop that has been beautifully crafted into a modern day office.

The existing tenant has occupied the property since 2016 and recently extended their lease by a further three (3) years.

* Net return approximately $33,099 per annum
* Leased until July 2022 plus 3 year option thereafter
* Building 140m2 (approx) and land area 240m2 (approx)
* Zoned R(2) Low Density Residential

With residential zoning, this property has plenty of potential to be converted to a residence in the future (subject to Council approval).

A set and forget investment in a hugely popular harbourside suburb.

Contact Agent

Jason Morris

Jason Morris

Raine & Horne Newcastle & Stockton

02 4915 3000

0425 302 778

$750,000

Property Information

  • Street Address 45 Fleming Street
  • Type Residential Sale
  • State NSW
  • Suburb Wickham
  • Property Type House
  • Bedrooms 1
  • Bathrooms 1
  • Carspaces 4
  • Land Size 240 m2
  • Building Size 140 m2
  • Floorplans Download

Location Map