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  • Sold/Leased
Iconic Newcastle venue to occupy or invest - #1
Iconic Newcastle venue to occupy or invest - #2
Iconic Newcastle venue to occupy or invest - #3
Iconic Newcastle venue to occupy or invest - #4
Iconic Newcastle venue to occupy or invest - #5
Iconic Newcastle venue to occupy or invest - #6
Iconic Newcastle venue to occupy or invest - #7
Iconic Newcastle venue to occupy or invest - #8
Iconic Newcastle venue to occupy or invest - #9
Iconic Newcastle venue to occupy or invest - #10
Iconic Newcastle venue to occupy or invest - #11
Iconic Newcastle venue to occupy or invest - #12
171-173 Darby Street, Cooks Hill presents the iconic Terrace on Darby venue located in the heart of Newcastle's busiest retail, dining and entertainment precinct.

- The property enjoys a prominent position on the corner of Darby Street and Bull Street, neighbouring an array of experienced retail operators as well as commercial occupiers.
Cooks Hill, and in particular Darby Street, has historically been the most vibrant and sought-after commercial / retail locale in the Hunter Region.

- The ground floor comprises a generous sized internal customer seating space with a bar area, full line commercial kitchen, washroom area and cool room.
Additionally, there is outdoor seating fronting Darby Street along with well-appointed male and female amenities, ample storage / laundry area and access to a storage / car space at the rear of the ground floor.

- The first floor benefits from a functional open plan layout comprising 100 square metres* of internal seating area, a bar and an undercover 25 square metre* balcony overlooking Darby Street.

Sale Price - $1,700,000**
Rental - $115,000** per annum net

*Approximate
**(plus GST)

Features

Total Area - M
275m²* internal area + 25m²* balcony
Liquor
Includes On-Premise liquor licence
Car Parking
Single garage car park
Zoning
MU1 Mixed Use zoning
  • 02/11/2023
  • Contact our experts for details on this transaction