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Summary

159&163 Lambton Road, Newcastle NSW 2300

Sold
Medical/Consulting

Description

Freehold Medical Property to suit owner occupier wanting day surgery & ground floor consulting rooms

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.

Features

Category Medical/Consulting
Floor Area 982 m²
Carparks 20

Map

What Our Clients Say​

Click for Testimonials from Chase Commercial Clients
It is obvious to us that Chase Commercial do know and understand the commercial property market in Brisbane from their many years in this business. We have no hesitation in recommending them to you if you are looking to buy, sell, lease or manage a commercial property.

Thank you, Tom and Rod and the entire Chase team, for your professional work on Drummond Woolloongabba's new home.
<div class="popout-drummond">Mark Abeyaratne</div>
Mark Abeyaratne
Managing Director, Drummond Golf
I have now sold two child-care centres through Rod Brown and Chase and because of their success in these challenging economic times I have been comfortable recommending their services to my own clients. After a well-planned marketing campaign, an excellent price and terms were achieved.

The Vitanza Group of Companies and its board of Directors would not hesitate for a moment in recommending the services or Chase Commercial and in particular, Rod Brown no matter what the task.
<div class="popout-williambuck">Paul Copeland</div>
Paul Copeland
Director William Buck Pty Ltd
We engaged Chase Commercial to lease our commercial property in Wooloongabba.Chase’s asset management team got involved and project managed a refurbishment of the property that significantly increased the presentation of the property. This recommendation and high level involvement from the asset management team resulted in securing a national tenant on a new 10 year lease. We are thankful for their input and management of the whole process.
<div class="popout-guzman">Humberto Maradiegue</div>
Humberto Maradiegue
Non-Executive Director, Guzman Y Gomez

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We engaged Chase Commercial to lease our commercial property in Wooloongabba.

Chase’s asset management team got involved and project managed a refurbishment of the property that significantly increased the presentation of the property. This recommendation and high level involvement from the asset management team resulted in securing a national tenant on a new 10 year lease. We are thankful for their input and management of the whole process.

Humberto Maradiegue
Non-Executive Director, Guzman Y Gomez

“I have now sold two child-care centres through Rod Brown and Chase and because of their success in these challenging economic times I have been comfortable recommending their services to my own clients.

Selling these properties was a major decision particularly as a family member was working in one of our centres. It was very important that this sensitive process was handled in the correct manner. After my decision was made to divest, I accepted the recommendations from Chase and I am confident my family made the right decision.

Chase Commercial’s professionalism, attitude, reliability and consistent communication made the entire listing and process not only efficient but also worry free. We are grateful to all the staff at Chase Commercial for their hard work and commitment and have no hesitation in recommending the services of Rod Brown and also the entire company. Chase will be my first point of call for Real Estate dealings I have in the future.”

Paul Copeland
Director, Business Advisory William Buck

As the Drummond Golf Managing Director from 2002 to 2015 and over 40 years business experience and ownership in this industry. I am pleased to write this testimonial in recognition of the high-quality service received from Chase Commercial. ironically, I do this in my semi-retirement to a commercial real-estate agent for the very first time. Such was the impact of the quality of service I received from them.

The testimonial relates to Drummond Golf and Big Swing Golf Australia’s new Flag Ship Brisbane Store relocated to 18 Ipswich Road Woolloongabba.

I write to confirm our satisfaction with Chase Commercial as an organisation and the way they co-ordinated their Asset Management Division and the leasing team with the relocation of our new inner city Brisbane super store. Relocating a business of our size after several decades at the previous site was not an easy decision to make. We couldn’t be happier with our decision to move, in particular dealing with the team at Chase Commercial made it a smooth transition.

Tom McCafferty and Managing Director Rod Brown made the move all that easier by demonstrating excellent competence and support in both the negotiation process of the new lease and the facilities management of the property. We are very pleased with the move and have been particularly impressed with their aftersales follow up. Too many agents these days are only interested in getting a deal done. However, Rod was always prepared to take my calls and was keen to help get the best possible outcome for us at our new home at 18 Ipswich Road, Woolloongabba.

Chase Commercial as an organisation demonstrated not only high levels of professionalism but also an acute and thorough understanding of the entire leasing and property management process from start to finish. The Property Management Division lead by Tom McCafferty serviced our needs and nothing was too hard for him and his team. The timing of our relocation was critical for us so the prompt responses to our requests and requirements made for a timely opening. They kept in regular contact with management and worked hard to achieve the best possible outcome. l was impressed with their attention to detail and ease with which information was provided to our company. They exceeded all our expectations.

It is obvious to us that Chase Commercial do know and understand the commercial property market in Brisbane from their many years in this business. We have no hesitation in recommending them to you if you are looking to buy, sell, lease or manage a commercial property.

Thank you, Tom and Rod and the entire Chase team, for your professional work on Drummond Woolloongabba’s new home.

Mark Abeyaratne
Managing Director, Drummond Golf