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Solid Investment - Newcastle CBD

116 Hunter Street, NEWCASTLE NSW, 2300

For Sale

Property for Sale in 116 Hunter Street, NEWCASTLE NSW, 2300

Four Walls Commercial

Shop 2, 335 Wharf Road, Newcastle, NSW 2300

Listing ID:
11353769
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
21/08/2019
Icon building

Property Type

Offices
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Land Area

N/A
Icon size

Floor Area

1321 SQM
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Parking

N/A

Solid Investment - Newcastle CBD

Located in the Hunter Street Mall, this prominent stand-alone building is part of the flourishing East End precinct. The property comprises a four level brick building, with a tenancy mix of retail and commercial users.

Close to public transport, restaurants, cafes, pubs and increasing residential development. This well renowned strip also includes a diverse range of retail boutiques and commercial services including Newcastle Post Office, medical and financial facilities.

This is an excellent chance to acquire a quality investment property in the revitalised Newcastle CBD. A value add opportunity of either a direct income increase with the introduction of additional tenancies and/or the redevelopment/refurbishment of the building for mixed use.

NLA - 1,321 m2
Land Size - 420 m2

Net Income - $90,032 pa
Potential Net Income - $167,000 pa

For more details, please email agent

Four Walls Commercial

Shop 2, 335 Wharf Road, Newcastle, NSW 2300


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