133 Swan Street, Morpeth NSW 2321
TENANTED INVESTMENT WITH DEVELOPMENT UPSIDE IN HISTORIC MORPETH
Historic Morpeth offers the investor and the developer a world of opportunity!
This 1860's original bakehouse (Callahan Bakery) in the main street has come to the market offering:-
- Lease until 31 August 2026
- 5 year option
- $900 per week + GST + Outgoings paid by the tenant
- Annual CPI increases
- Additional passing income from ATM in shop front, averaging between $300 & $450 per month
- Experienced operator of takeaway business
- 20+ year business
- Used as business & residential occupancy
- Large land holding with 2 street frontage
- Old 1930's bakehouse ready for redevelopment
- Development potential - concept plans available upon request
- Solid brick building
For your private inspection with exclusive agent Michael Maffey, please call 0438 049 366.
This 1860's original bakehouse (Callahan Bakery) in the main street has come to the market offering:-
- Lease until 31 August 2026
- 5 year option
- $900 per week + GST + Outgoings paid by the tenant
- Annual CPI increases
- Additional passing income from ATM in shop front, averaging between $300 & $450 per month
- Experienced operator of takeaway business
- 20+ year business
- Used as business & residential occupancy
- Large land holding with 2 street frontage
- Old 1930's bakehouse ready for redevelopment
- Development potential - concept plans available upon request
- Solid brick building
For your private inspection with exclusive agent Michael Maffey, please call 0438 049 366.
