• Sold
High profile retail investment
High profile retail investment
High profile retail investment
High profile retail investment
High profile retail investment
High profile retail investment
High profile retail investment
High profile retail investment

For Sale

Auction 28th Nov 2019 Ground Floor, 18 Honeysuckle Drive, Newcastle
- The property comprises a high profile retail site situated on the corner of Maitland and Lorne Street, Muswellbrook. Muswellbrook is the centre of the Upper Hunter Valley region and is located 126km* north west of Newcastle and 255km* north west of the Sydney CBD.

- The property provides three separate tenancies including a newsagency, video shop and convenience store and a pizza restaurant. All
tenancies benefit from separate access and are separately metered for electricity. The site benefits from convenient access off both Maitland and Lorne Street, and on-site parking for up to 30 cars.

- Passing net income of $90,000 pa
- New five year lease commencing January 2020
- Three separate businesses leased to one operator
- Zoned B2 Local Centre
- Total site area 2,541sqm*
- Total building area - 700sqm*

For Sale by Public Auction
Thursday 28 November 2019 at 10.30am | Ground Floor, 18 Honeysuckle Drive, Newcastle

*Approximate.

Features

01_NetIncome
Net Income
Passing net income of $90,000 pa
9_Vacancy
Vacancy / Occupancy
New 5 year lease from Jan 2020
46_ZonedB5
Zoning
Zoned B2 Local Centre
12a_TotalArea_M_A
Total Area - M
Total site area 2,541sqm*

Property Details

  • 22/03/2020
  • Contact our experts for details on this transaction