Wallsend

Investment Opportunity - 7.4% Return!*

• Currently one commercial tenant
• Long standing residential tenant
• 3 year lease for commercial tenant (from August 2018)
• Great street exposure
• On street parking + 2 parking spaces onsite (200m2 approx)
• Close to Hunter Expressway

Lease Particulars:

Residential Unit
3 bedrooms, 1 bathroom, 1 car space
Rent: $280 Per Week

Commercial Shop
Rent: $385 Per week Incl GST
60m2 plus w/c and storage room
Lease Term: 31/08/18 — 30/08/21

TOTAL: $665 per week return

Outgoings:
Council rates: Approximately $3,030p/a, $757.50 per quarter
Water Rates: Approximately $1,561.53p/a, $390.38 per quarter

Contact Mulligan Property Group for further information on (02) 4950 1466

* Approximately