159&163 Lambton Road, Newcastle NSW 2300

Chase Commercial is pleased to exclusively present this rare medical/office freehold in Broadmeadow to the market for sale. Property features include:

Property #1 – Suit medical owner occupier or investor
• 163 Lambton Road – 882m2 site with (3) tenants with passing income of circa $305,000 + Outgoings + GST
• Includes lift + significant depreciation benefits
• Ground floor fully approved surgery with car parks
• Fantastic branding and traffic exposure with further passing income

Property #2 – suit owner occupier or developer
• 159 Lambton Road – 683m2 freestanding commercial house with two street access and great car parking.
• Rented at circa $20,000 net income
• Excellent development potential
• Can be sold individually or together

This large medical freehold and commercial house is being offered to the market for sale via expression of interest closing 5pm 8th October 2021.

This quality property is being offered as part of a larger investment portfolio or can be purchased individually. Property features 8 on-site car parks with rear access, 3 levels of quality medical/office floor area and just minutes away from Newcastle CBD with 3 tenancies.

Contact Chase Commercial Director Rod Brown for further information.