East End Investment with New Five Year Lease

Lot 1, 148 Hunter Street, Newcastle, New South Wales 2300

Retail / Retail / Retail For Sale

For Sale
Floor Area: 110.00 m2.    

Description

- The subject property boasts a prime location in the heart of the Newcastle Mall, with considerable development planned for the revitalisation of the East End precinct. The property benefits from unrivalled lifestyle amenity positioned within walking distance to Newcastle Beach, cycleways, cafés, restaurants, bars, shopping, public transport and the Newcastle CBD.

- Lot 1 comprises one of three ground floor retail strata lots within a five lot strata title development. Occupying the corner tenancy, Lot 1 provides ample outdoor dining as well as exposed signage on Newcastle's core retail strip.

- Internally the fit out is modern and features various seating/dining areas as well as a main bar and serving area and a full commercial kitchen.

For Sale by Expressions of Interest.

Features

  • $75,000 net passing income p.a plus GST
  • Premium location in Newcastle’s East End
  • Lettable area 110 square metres (aprx.)

Transaction Details

23 Apr 2019
Lot 1, 148 Hunter Street, NEWCASTLE NSW 2300, AUSTRALIA

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