176 Gorge Road, Newton Is a Securely Leased Retail and Medical Based Investment Sharing a Car Park with the Established Aldi Newton

Leedwell is excited to offer this quality modern investment fully leased to four tenants in the tightly held suburb of Newton. 

Leedwell Property’s Jamie Guerra and Mitch Curnow are appointed to sell this high-profile investment opportunity, located 176 Gorge Road. 

The property was completed in 2019 of low maintenance tilt panel construction and was designed for seven tenancies. A number of tenancies were combined to meet larger tenant demand with the property now leased to four tenants ranging from 86sqm* to 484sqm*. 

The investment is securely leased to four tenants, Elite Fitness, Drafting Steelwork, Quality Care Medical and Browse in and Save all alongside the adjoining Aldi, which is owner occupied.  

The net income is $302,528 per annum with tenants paying outgoings and all leases providing growth through CPI, 3% or 4% reviews. 

Mr Guerra said, “with limited quality property opportunities and the strength of the investment market with falling interest rates, we expect strong enquiry from local and interstate private buyers.” 

In summary, this attractive investment provides a secure income stream with strong rental growth opportunity through repositioning over time. 

The investment is being offered for sale with Expressions of interest closing on Thursday 25^th September 2025 at 4pm.