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High profile retail investment - #1
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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

Net Income
Passing net income of $90,000 pa
Vacancy / Occupancy
New 5 year lease from Jan 2020
Zoning
Zoned B2 Local Centre
Total Area - M
Total site area 2,541sqm*
  • 08/11/2020
  • Contact our experts for details on this transaction