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125 Ridge Street, Merewether, NSW, 2291
Merewether
NEWCASTLE DEVELOPMENT SITE WITH TELSTRA LEASEBACK
For Sale via Auction on Wednesday, 11th April 2018 at 10:30am (AEST)
Ray White Commercial NSW & Ray White Commercial Newcastle, under instruction from Charter Keck Cramer as transaction advisor, is pleased to offer for sale 125 Ridge Street, Merewether via Auction.
This property represents an exciting opportunity to acquire a boutique future development site on 735 sqm* on the fringe of Newcastle. Offering an interim holding income the site is ideally situated near the beach and close to transport making it suitable for future residential development (S.T.C.A).
Key features of the site include:
• Site area of 735 sqm*
• Leased to Telstra for four (4) years expiring 2022
• Proposed gross annual rental income of $28,100 gross per annum excl GST
• Currently zoned R2 - Low Density Residential
• Situated in an affluent suburb of Newcastle
• Development potential (S.T.C.A)
*approximately
The site will be offered for sale via Auction on Wednesday, 11th April 2018 at 10:30am (AEST). The Auction will be held at Ray White Head Office, Level 17, 135 King Street, Sydney NSW.
The property is being offered as part of a portfolio of three (3) development sites all with leasebacks to Telstra. The properties are being sold individually. For further information on the other opportunities available, please click on the following link: https://investmentswithupside.com.au/
Remember to mention you found this property on Developmentready.com.au
NEWCASTLE DEVELOPMENT SITE WITH TELSTRA LEASEBACK
For Sale via Auction on Wednesday, 11th April 2018 at 10:30am (AEST)
Ray White Commercial NSW & Ray White Commercial Newcastle, under instruction from Charter Keck Cramer as transaction advisor, is pleased to offer for sale 125 Ridge Street, Merewether via Auction.
This property represents an exciting opportunity to acquire a boutique future development site on 735 sqm* on the fringe of Newcastle. Offering an interim holding income the site is ideally situated near the beach and close to transport making it suitable for future residential development (S.T.C.A).
Key features of the site include:
• Site area of 735 sqm*
• Leased to Telstra for four (4) years expiring 2022
• Proposed gross annual rental income of $28,100 gross per annum excl GST
• Currently zoned R2 - Low Density Residential
• Situated in an affluent suburb of Newcastle
• Development potential (S.T.C.A)
*approximately
The site will be offered for sale via Auction on Wednesday, 11th April 2018 at 10:30am (AEST). The Auction will be held at Ray White Head Office, Level 17, 135 King Street, Sydney NSW.
The property is being offered as part of a portfolio of three (3) development sites all with leasebacks to Telstra. The properties are being sold individually. For further information on the other opportunities available, please click on the following link: https://investmentswithupside.com.au/
Remember to mention you found this property on Developmentready.com.au
125 Ridge Street, Merewether, NSW, 2291
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
