84 Georgetown RoadGeorgetown NSW 2298
Property Details for 84 Georgetown Rd, Georgetown
84 Georgetown Rd, Georgetown is a 0 bedroom, 0 bathroom House. The property has a land size of 354m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Georgetown in the last 12 months.
Last Listing description (November 2023)
Presenting an exceptional investment opportunity, situated on a prominent main arterial road, directly opposite the bustling Waratah Village Shopping Centre. 84 Georgetown Road has a brand-new, 5-year lease with a reputable medical operator, offering investors a lucrative investment opportunity.
The property itself features 132sqm* of recently renovated, medical-grade space, ensuring a modern and attractive environment for both tenants and clients. Additionally, the property offers the advantage of side access, facilitating ample off-street parking.
Its strategic location just 2 minutes* from Waratah Train Station, 10 minutes* from the renowned Westfield Kotara, and a mere 15 minute* drive to the vibrant heart of Newcastle CBD, further solidifies its appeal as a lucrative investment opportunity.
- Returning $50,000 net per annum + GST
- 5 year lease to 2028 plus options to 2037
- Leased to Laverty Pathology
- Tenant pay 100% of outgoings
- Fixed 3% rental increases per annum
- Located 2 minutes* from Waratah Train Station, 10 minutes* from Westfield Kotara, and 15 minute* from Newcastle CBD
*Approximately
Property History for 84 Georgetown Rd, Georgetown, NSW 2298
- 20 Dec 2023Sold for $850,000
- 11 Oct 2023Listed for Sale Price Guide $850,000 - $890,000
- 18 Oct 2019Listed for Rent - Price not available
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0About Georgetown 2298
The size of Georgetown is approximately 0.5 square kilometres. It has 1 park covering nearly 1.1% of total area. The population of Georgetown in 2011 was 2,005 people. By 2016 the population was 1,967 showing a population decline of 1.9% in the area during that time. The predominant age group in Georgetown is 20-29 years. Households in Georgetown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Georgetown work in a professional occupation. In 2011, 68.4% of the homes in Georgetown were owner-occupied compared with 68.6% in 2016.
Georgetown has 1,018 properties.
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