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166 Myall Street, Tea Gardens, NSW 2324

166 Myall Street, Tea Gardens, NSW 2324


  • Sold Contact Agent
  • Fri 15-Nov-19

  • Floor Area
  • 150 m²
  • Building
  • Whole
  • Last Updated
  • Dec 20, 2019

Interested in this property? Contact an Agent today

Commercial Collective - NEWCASTLE

Level 2, 28-30 Bolton Street

Newcastle NSW 2300

Coastal Investment with Development Upside

For Sale by Expressions of Interest Closing 31 October 2019 at 4:00pm

- Tea Gardens and Hawks Nest, gateway to the Myall Coast and Port Stephen's Blue Water Wonderland
- 10 minutes* from the Pacific Highway
- Surrounding Great Lakes offers 145km of stunning coastline and impressive waterways
- Great lifestyle including beaches, boating, fishing, sporting, cafes and restaurants and award winning schools

Property Features:
- Affordable entry level investment
- Includes approved DA plans to develop a three bedroom apartment above the commercial space
- Good exposure in popular retirement and holiday destination
- Fully leased by long term tenant and returning $26,375* per annum net
- Commercial shopfront fitout includes main trade area with additional storage room, staff area, kitchen and amenities
- On-site car parking at rear

The property comprises of a freestanding commercial building, currently occupied by a local hairdresser with an excellent trading history having been in occupation for in excess of 10 years. The property is constructed of full brick with metal roofing and features on-site car parking at the rear.

166 Myall Street, Tea Gardens, NSW 2324

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