1154 George Downes Drive, Kulnura NSW 2250

For Sale $1,490,000

  • 2 Bed
  • 1 Bath
  • 2.25 acre (approx) Land Area

INVESTMENT OPPORTUNITY

Don’t miss this great opportunity to secure a 9,143 m² block (2.25 acres) with 3 rental incomes, plus huge potential for further growth.

Situated on the idyllic main road of George Downes Drive, being the scenic route between Sydney and the Hunter Valley ensuring ample passing traffic and exposure for the businesses.

The tenants include:-

• The popular Jerry’s Cafe and Petrol Station with outdoor roadside seating for the tourists and regulars. Lease started on 1st October 2016 with a 7 year lease and the option of a further 7 years.

• Something Anything, a popular gift store with a range of products including home wares, natural soaps, furniture and art. Lease started on the 1st December 2016 with a 2 year lease and the option of a further 2 years.

• A 2 bed, 1 bath hardiplank and tile residence with polished floor boards.

• Rent approximate. Currently paying $1,410.00 per week total.

• Further expansion could include but not limited to a restaurant, motel or even a B&B (of course S.T.C.A).

The land is level and mainly cleared with mature trees for shade. Located in the beautiful rural suburb of Kulnura, approximately 64 km (45 mins) from Sydney’s end of the M1 Motorway (Freeway), and 34 km (27 mins) from Westfield Tuggerah and Tuggerah Train Station. Close to local school and a short drive to the Vineyards and beaches.

Contact Michael today to organise and inspection 0402 810 831.

Please note, businesses are not for sale.

This property is proudly listed by:

First National Real Estate Coastwide 10 Alison Road
Wyong NSW 2259

Open for Inspection

By Appointment

Additional information

Property Type House
Property ID 11650100912
Price $1,490,000
Land Area 2.25 acre (approx)