Added 7 days ago
Level 5, Suite 502, 19A Honeysuckle Drive,
Newcastle, NSW 2300
Offices
Added 7 days ago
Price information
Sale
$1,350,000 (sale of going concern)
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Tenure type
Private inspections
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
Level 5, Suite 502, 19A Honeysuckle Drive
Newcastle, NSW 2300
Map of Level 5, Suite 502, 19A Honeysuckle Drive
Train stations within 5 km of Level 5, Suite 502, 19A Honeysuckle Drive, Newcastle, NSW 2300 Distance Newcastle Interchange 843 m Hamilton Station 2 km Broadmeadow Station 3.1 km Waratah Station 4.3 km Adamstown Station 4.6 km POWERED BY HERE ©Bus stops within 5 km of Level 5, Suite 502, 19A Honeysuckle Drive, Newcastle, NSW 2300 Distance Union St at Hunter St 241 m Tafe Hunter, Hunter St 249 m Hunter St Opp Auckland St 266 m King St After Union St 268 m Newcastle Maritime Museum, Honeysuckle Dr 277 m POWERED BY HERE ©
POWERED BY HERE ©
Secure investment to blue-chip tenant
- Net income $83,383.92* p/a + GST
- Blue-chip tenant
- Situated in the heart of Newcastle CBD
Situated in the heart of Newcastle's vibrant commercial, retail, and residential CBD, this property presents a prime commercial investment opportunity. The offering consists of a modern 138sqm* strata suite, featuring stunning views of Newcastle Harbour. The space is largely open plan, complemented by a boardroom, a kitchen, dual amenities, and a shower, making it highly functional for a range of business needs. Additionally, the property includes two allocated car spaces on title and is equipped with ducted air conditioning for comfort and convenience.
Currently leased to Stronach Property, a well-established Commercial and Residential Property Development company with over a century of service in the Newcastle region, the property generates a solid net income of $83,383.92* per annum plus GST. Stronach Property is secured under a 10-year lease, set to expire on 30 November 2026, with a 5-year renewal option that includes a market review. This ensures additional stability and potential for future growth. The combination of its strategic location, modern amenities, and reliable tenant makes this property an attractive proposition for investors seeking a secure and long-term return in a thriving market.
Key features:
- Strata area of 171sqm*
- Situated in the heart of Newcastle's CBD
- Two allocated car spaces
- Net income of $83,383.92* per annum plus GST
- Views of the Newcastle Harbour
- Open plan with boardroom, kitchen and dual amenities
- Blue-chip tenant
*Approximately
Currently leased to Stronach Property, a well-established Commercial and Residential Property Development company with over a century of service in the Newcastle region, the property generates a solid net income of $83,383.92* per annum plus GST. Stronach Property is secured under a 10-year lease, set to expire on 30 November 2026, with a 5-year renewal option that includes a market review. This ensures additional stability and potential for future growth. The combination of its strategic location, modern amenities, and reliable tenant makes this property an attractive proposition for investors seeking a secure and long-term return in a thriving market.
Key features:
- Strata area of 171sqm*
- Situated in the heart of Newcastle's CBD
- Two allocated car spaces
- Net income of $83,383.92* per annum plus GST
- Views of the Newcastle Harbour
- Open plan with boardroom, kitchen and dual amenities
- Blue-chip tenant
*Approximately
Property ID: 504681816Last Updated: 11 Sep 2024
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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69 Parry Street,Newcastle, NSW 2300 80 - 400 m²Offices • Other • Showrooms & Large Format Retail