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Land/Development in Dudley, NSW126 Ocean St

126 Ocean Street, Dudley, NSW 2290
126 Ocean StreetDudley NSW 2290 AUS
-32.988788 151.716596
$900,000
  • Land area 0.34 acres / 1366 sqm

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Quick property enquiry

Dudley Development Site^ with Telstra Leaseback

Property ID 1992237
Ray White Commercial NSW and Ray White Commercial Newcastle, under instructions from Charter Keck Cramer on behalf of Telstra Corporation Limited, are pleased to present 126 Ocean Street, Dudley.

Occupying a 1,366sqm* rectangular site in the coastal suburb of Dudley, the property represents an exciting investment opportunity with development upside^. Currently improved by a Telstra telephone exchange building, the property will be sold with a favourable leaseback to Telstra.

Key features of the site include:

- 1,366m2* rectangular site adjacent to Dudley Public School

- Offered with Telstra leaseback expiring 2023 with a 1 year option

- Proposed triple net lease with a rental of $49,400 p.a.

- 30m* street frontage

- Well-located in the coveted coastal suburb of Dudley

The property is offered for sale by public Auction on Wednesday 28 November 2018 at 10:30am (AEDT). The Auction will be held at our Ray White Newcastle office located at 1 Union Street, Newcastle NSW.

The property is being offered as part of a portfolio of three development sites, all offered with leasebacks to Telstra. The properties are being sold individually.


Explore the other opportunities here:

110 Wyndham Way, Eleebana - https://bit.ly/2PlpJ7O

13 Wilsons Road, Mount Hutton - https://bit.ly/2PW8R4H


For further information, please do not hesitate to contact the below listing agents:
Lee Follington

Commercial Principal/ Director

Ray White Commercial

Newcastle

0417 443 478

lee.follington@raywhite.com

Samuel Hadgelias

Associate Director

Ray White Commercial NSW

Sydney CBD

0403 254 675

shadgelias@raywhite.com

Jeff Moxham

Managing Director & Partner

Ray White Commercial NSW

Sydney CBD

0413 838 339

jmoxham@raywhite.com


*approximately

^S.T.C.A

Investment data

Key Information
Tenancy Status Currently Tenanted
Annual Yield (Gross) N/A (Marketed Without Price)
Annual Yield (Nett) N/A (Marketed Without Price)
Title Scheme Not Applicable

The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.

* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.