Discover an exceptional opportunity to own a prime mixed use investment in the bustling community of Wallsend. This versatile property, located at 137-139 Nelson St, offers an ideal location for investment being on the main street surrounded by a bustling atmosphere of retail shops, cafe's & the Lemon Grove Hotel. A fully leased mixed use investment this building includes 2 ground floor long standing commercial tenants + 2 residential tenants upstairs within a layout of 1 bedsitter & 1 x 3 bed unit. With a total net return of approx. $55,500 Net + outgoings + GST this is a great little investment for the superfund. The vacant land at rear also has the option for further development potential. Contact Reece Harrison at Raine & Horne Commercial on 0421 000 965.
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