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3 Lesbury St 1,184 SF 100% Leased Retail Building Wallsend NE28 0JX $162,977 ($137.65/SF) 4% Cap Rate

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Investment Highlights

Freehold mixed-use investment opportunity
Prominent corner position with strong visibility
A5 licence in place

Two-bedroom flat sold with vacant possession
Separate access for commercial and residential units
Offered via secure online auction

Executive Summary

This is a mixed-use freehold investment opportunity comprising a ground floor café and a two-bedroom flat above, prominently positioned on the corner of Lesbury Street, Wallsend. The commercial unit is currently income-producing, while the residential flat is sold with vacant possession, offering asset management and income growth potential. The property benefits from strong visibility, separate access for commercial and residential elements, and proximity to local amenities and transport links.

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