Learn more about this property online at:
https://www.colliers.com.au/p-aus66016511
https://www.colliers.com.au/p-aus66016511
- Sold
For Sale
Auction 12th May 2022 Ground Floor, 18 Honeysuckle Drive, Newcastle
148 Parry Street is a premium hospitality investment leased to one of Newcastle's most popular bar and restaurant operators, 'The Edwards'.
The property boasts a significant gateway freehold site with enormous possibilities in its future.
The building comprises a single storey brick and iron constructed commercial building and boasts internal finishes inspired by chic industrial elements.
Net passing income of $200,000* per annum (plus GST).
For Sale by Public Auction | Thursday 26 May 2022 at 2pm
Ground Floor, 18 Honeysuckle Drive, Newcastle
*Approximate.
The property boasts a significant gateway freehold site with enormous possibilities in its future.
The building comprises a single storey brick and iron constructed commercial building and boasts internal finishes inspired by chic industrial elements.
Net passing income of $200,000* per annum (plus GST).
For Sale by Public Auction | Thursday 26 May 2022 at 2pm
Ground Floor, 18 Honeysuckle Drive, Newcastle
*Approximate.
Features
TimeFrames - Lease Term
New six year lease plus options
Total Area - M
Building area of 650m²*
Zoning
B4 Mixed Use zoning
Street Frontage
Dual street frontage