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Colliers International Newcastle Office is proud to present this absolute Prime Waterfront Commercial Investment at 12b Teramby Road, Nelson Bay.
Anchored by NSW State Government tenants, the offering comprises an A Grade office building generating a current income of approximately $456,456pa. from a lettable area of approximately 1,392m2.
Erected upon crown lease land, the three storey building is 83% leased to the NSW State Government, with tenants including, NSW Police, Waterways Authority & State Property Authority, all of whom have been in occupation since the building was constructed in 2000.
Set alongside Nelson Bay Dalbora Marina, the property enjoys direct waterfront access together with uninterrupted views of the Tomaree harbour.
Nelson Bay is a popular holiday destination with strong residential growth in recent years. Situated approximately 2.5 hours North of Sydney, 45 mins north of Newcastle and 45 mins from the Hunter Valley, this property represents a solid opportunity for investors and Colliers International is now taking enquiry from interested parties.