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  • For Lease
  • Retail
Fully Fitted Restaurant in Emerging CBD - #1
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For Lease

$278.81 /m² AUD

- Positioned within the well-known Pinnacle Apartment building, this premium restaurant space faces north on Hunter Street in Newcastle’s CBD.

- The property sits amongst an emerging part of this thriving and revitalised city where surrounding development includes the Aero Apartments directly opposite, the Transport Interchange being a short walk, Marketown Shopping Centre and associated residential towers as well as the recently approved Verve development.

- The property features a modern and stylish restaurant with full DA and liquor approval for approximately 60 patrons. The current improvements include a fully fitted commercial kitchen with affiliated storage, cool rooms and freezer space as well as a dining and lounge area with tables and chairs also being included.

- Two car parking spaces

Building areas as follows:
- Restaurant, kitchen and cool rooms 227sqm*
- Storage and loading area (basement) 25sqm*
- Mezzanine Store 17sqm*
- TOTAL 269sqm*

- Rental - $75,000 per annum net (plus GST).

- Outgoings are payable in addition to the abovementioned rental and estimated to be in the order of $8,000 per annum (plus GST). The Lessee will also be responsible for the Lessee’s own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance, as well as maintenance of the grease trap, plant, equipment, kitchen exhaust, etc.


*Approximate.

Features

Total Area - M
Total building areas - 269sqm*
Car Parking
Two car parking spaces
Food and Beverages
Fully fitted restaurant