Main street Newcastle CBD location.
Lessee: Compass Housing Services Pty Limited.
Leased until 31 October 2015 + 3 year option.
Same tenant occupied premises since 2004.
Modern improvements & rear parking.
Future redevelopment potential as area rejuvenates.
Established 1984, Compass is a not for profit organization and is Australia’s largest regional housing provider managing 3,300+ properties.
Newcastle is Australia’s sixth largest city and destined for future growth.
Attractive 5% annual increases.

Net Income: $56,290pa + GST
Price Guide: $700,000 (8% net yield)

For Sale by Private Treaty
Unless Sold Prior

Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au