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116 Hunter Street, NEWCASTLE NSW, 2300

Sold
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Property Sold in 116 Hunter Street, NEWCASTLE NSW, 2300

Four Walls Commercial

Shop 2, 335 Wharf Road, Newcastle, NSW 2300

Listing ID:
11353769
Status:
Sold
Last Updated:
27/11/2020
Price:
Offers over $2 M
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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