PRD Port Stephens 4 Central Ave Salamander Bay, NSW, 2317
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87 Magnus Street
nelson bay
NSW, 2315

AUCTION

Property: 285 sqm
Brochure

Commercial Investment with Extra Potential

A rare opportunity to secure a fantastic commercial investment in one of Nelson Bays busiest streets, Magnus Street. Boasting an upstairs vacant space with a bathroom that could be used as an office or self contained apartment, this Commercial space is screaming with opportunity and is waiting for you to take advantage of its impeccable street presence. Receive an instant return whilst operating your own business or rental property, there is simply so much you can do with this premises.

• 285m2 in the Nelson Bay CBD
• Split on 2 levels
• B2 Local Centre zoning
• Great street presence
• Current tenancy in place since February 2010
• Gross income $77,280.00 plus gst
• Self-contained upstairs potential apartment/office space

For a full information package, a copy of the contract and the floor plan, please contact Alex Haxton on 0418 885 262 or Tayla Chugg 0433 400 015 or via email alexh@prdportstephens.com.au

***Health & Safety Measures are in place for all Private Inspections and open homes (when permitted)
***All inspection attendees will have to complete a COVID-19 Application for Private Inspections Form and adhere to Service NSW regulations as necessary

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About nelson bay

median house price

750000

suburb growth

17.2%

median house rent

442

suburb rental yield

3.1%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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