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MOVABLE

418-422 Hunter Street Newcastle, NSW 2300

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418-422 Hunter Street,
Newcastle, NSW 2300

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Sale

CBD INVESTMENT SALE

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MOVABLE
Steve Dick

MOVABLE

92-94 Darby Street
COOKS HILL, NSW 2300
04000009...
MOVABLE
418-422 Hunter Street
Newcastle, NSW 2300

Map of 418-422 Hunter Street

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  • Train stations within 5 km of 418-422 Hunter Street, Newcastle, NSW 2300Distance
    Newcastle Interchange1.3 km
    Hamilton Station2.4 km
    Broadmeadow Station3.5 km
    Waratah Station4.7 km
    Adamstown Station5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 418-422 Hunter Street, Newcastle, NSW 2300Distance
    King St at Burwood St139 m
    University House, King St177 m
    Hunter St Opp Auckland St198 m
    Newcastle Maritime Museum, Honeysuckle Dr206 m
    Hunter St Opp Darby St221 m
    POWERED BY HERE ©
POWERED BY HERE ©

Boutique Beauty CBD Office Building Investment

This fully leased investment is actually the Mullane and Lindsay Building. A (4) storey office building with a basement car park in the heart of the the Civic/Legal/Education Precinct in the Newcastle CBD.

The partners in the ownership of the building need to sell as they head into retirement. This is an opportunity to buy a complete building with a superb tenancy mix in a location that offers access to the law courts, access to the University's City Campus, access to the light rail, access to restaurants, pubs and the water front, access to Newcastle's two best Hotels the Rydges and the Crystalbrook Kingsley. AND access to parking both on site and in public and private car parks. That's why the tenants love it!

With a WALE of 4.01 years there is investment security, and with the owners having repainted the building last year, installed a new lift in (2020), installed new shop front entry and door, resealed the roof, with a (10) year guarantee and removed and replaced air conditioning as required there is not much else in the way of capital expenditure left to do.

Returning $279,207pa Net of outgoings this boutique office building is a CBD Beauty!

For sale by Openn Offers. The Openn Offers is under way and the property can sell at any time. Contact Steve Dick on 0400 000 9... immediately to become qualified and avoid disappointment. Open to all buyers, including finance, subject to seller approval.

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Additional information

Property ID: 504701392Last Updated: 8 Nov 2024

MOVABLE
92-94 Darby Street
COOKS HILL, NSW 2300

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