13-17 Cook Parade Lemon Tree Passage, NSW 2319

Ray White The Zenith Group is proud to present 13 and 17 Cook Parade, Lemon Tree Passage, a once-in-a-lifetime opportunity to acquire two adjoining mixed-use investment properties in the heart of this established Port Stephens waterfront township.

Offered together or individually, subject to negotiation, these prominent commercial properties present an exceptional opportunity for investors, developers and owner-occupiers, combining established rental income, diversified tenancies and significant potential for future growth.

Positioned directly opposite the Lemon Tree Passage waterfront precinct, the properties benefit from excellent exposure, convenient access to local amenities and a thriving commercial setting. With E1 Local Centre zoning, separate titles, substantial existing improvements and rear access via Stanley Street, the offering provides flexibility to explore future redevelopment, expansion or repositioning opportunities, subject to council approval.

Across the two titles, the offering comprises six ground-floor commercial premises, a two-bedroom residence, substantial rear storage facilities and on-site parking. Existing tenants include a post office, physiotherapy practice, clothing retailer and funeral services business, providing a diversified income base.

With multiple periodic tenancies, vacant commercial and residential accommodation, and a prominent position directly opposite the waterfront precinct, this is a rare opportunity to secure a versatile commercial holding with both immediate income potential and long-term investment appeal.

Key Highlights
• Two adjoining mixed-use properties on separate titles
• Offered together or individually, subject to negotiation
• Prime position opposite the Lemon Tree Passage waterfront precinct
• E1 Local Centre zoning under Port Stephens LEP 2013
• Established commercial income across multiple tenancies
• Two additional rear storage sheds of approximately 22.8m2 and 110m2
• Multiple periodic commercial tenancies offering future leasing flexibility
• Front and rear on-site parking
• Rear access to 15-17 Cook Parade via Stanley Street, with potential access benefits for 13 Cook Parade, subject to appropriate arrangements
• Opportunities for increased rental returns, asset repositioning and long-term capital growth

Opportunities of this calibre are rarely presented to the market. Combining two adjoining titles, established commercial income, immediate rental upside and exciting future development potential, this is a unique chance to secure a substantial holding in the heart of Lemon Tree Passage's waterfront commercial precinct. Whether acquiring one property or both, purchasers have the opportunity to capitalise on an established investment today while unlocking its potential for tomorrow.

For a copy of the Information Memorandum, further financial information and to arrange a private inspection, contact Ray White The Zenith Group.