120 Newcastle Rd, WALLSEND | Property for sale | Savills
3,082 sq m
Price on application

120 Newcastle RdWALLSEND

  • Sold
Retail
3,082 sq m

Key features

  • Dual-street frontage with 25* on-grade car parking spaces
  • Total annual net income (fully leased) of $218,600 * plus GST
  • Rental reversion potential through re-letting Unit 3
  • Demolition clause across both leases providing future flexibility
  • Significant development potential for future repositioning
  • Zoned IN2 Light Industrial
  • Located in Newcastle’s fastest growing suburb for retail warehousing, bulky retail and industrial with renowned tenants such as Aldi, Woolworths, Reece and TJM in the immediate precinct
  • Extremely high levels of passing vehicular traffic with an average daily count of 33,052 (according to Newcastle City Council)
  • Positioned to capitalise on the expanding Newcastle Western Corridor Urban Release Area
  • *Approx.

Prominent Multi-tenanted Retail Warehouse Investment Opportunity Located on Major Arterial Road

About this property

  • The Savills Metropolitan & Regional sales team are pleased to present to the market 118-120 Newcastle Road, Wallsend. Three prominent retail warehouse buildings located on a tightly held major arterial road (Newcastle Road).

    For further information, please contact one of the selling agents.


    *Approx.

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest3082.00sq mSold