Knight Frank is pleased to present 175-177 Main Road, Speers Point to the market For Sale via Public Auction. This fully leased, mixed-use investment comprises of two stand-alone properties in one line, returning sought-after multi-tenanted income. Key Features: - Four retail tenancies, one office tenancy and a top floor residential unit, returning a net income of $124,455* per annum (plus GST) - Diversified tenancy profile provided including Speers Point Pharmacy, Mr Sister Coffee, a local hairdressing salon and a local beauty salon - A mix of favourable fixed and CPI rental increases - On grade parking at the rear of the site, complemented by ample street parking - The site is on two separate titles, offering a total site area of 1,151 sqm* providing future redevelopment potential (STCA) - The site has a rear easement for stormwater drainage, creating efficiencies for any future redevelopment (STCA) - E1 Local Centre zoning - Main Road, Speers Point is a major secondary road providing direct links to major retailers such as Bunnings and Costco to the north and Lake Macquarie Foreshore to the south - Situated in a popular location only 170 m* away from Lake Macquarie's Foreshore - Lake Macquarie is a fast growing LGA, poised to play a critical role in the Hunter Regional Plan 2041, which projects the region's population growth to 950,000* people by 2041 The Public Auction will take place on Thursday, 21 August 2025 at 11am (AEST) at Rydges Newcastle, corner Wharf Road and Merewether Street. For more information, please contact the exclusive Knight Frank agents. *Approximate
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Property ID: 504910400
Original Property ID: 504910400