Belmont North

Project Description

The 4.0 hectare property is positioned on the east side of the Pacific Highway in a service/commercial locality of North Belmont, approximately 16 kilometres south of the Newcastle central business district. The land is zoned 'B4 Mixed Use' and 'B7 Business Park' which allows a relatively wide array of uses including large format retail, child-care, medical, neighbourhood shops, office, hotel and multi-dwelling housing. Newcastle is one of two major coastal regional cities of New South Wales, situated approximately 170 kilometres north of Sydney.

Land area

40,380 m²

The total GLA/retail area

12,640 m²

Lease Commencement Date

5/3/2001

Total Property Cost

$12,219,841

Current valuation

$9,000,000

Annual Rent

$1,211,240

Project Location

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