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Lot 1, 741 Hunter Street Newcastle, NSW 2300

Lot 1, 741 Hunter Street,
Newcastle, NSW 2300

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Fully Fitted Restaurant in Emerging CBD

  • Pinnacle Apartment building
  • Total building area - 269sqm (approx.)
  • Two car spaces
- Positioned within the well-known Pinnacle Apartment building, this premium restaurant space faces north on Hunter Street in Newcastle’s CBD. The property sits amongst and emerging part of this thriving and revitalized city where surrounding development includes the AERO Apartments directly opposite, the Transport Interchange being a short walk, Marketown Shopping Centre and associated residential towers as well as the recently approved Verve development.
- The property itself features a modern and stylish restaurant with full DA and liquor approval for approx. 60 patrons. The current improvements include a fully fitted commercial kitchen with affiliated storage, cool rooms and freezer space as well as a dining and lounge area with tables and chairs also being included.

Building areas as follows:-
- Restaurant, kitchen and cool rooms: 227sqm (approx.)
- Storage and loading area (basement): 25sqm (approx.)
- Mezzanine Store: 17sqm (approx.)
- Car Parking Spaces: Two spaces
- TOTAL: 269sqm (approx.)

- Rental - $75,000 net per annum plus outgoings (plus GST)
- Outgoings are payable in addition to the abovementioned rental and estimated to be in the order of $8,000 per annum
(plus GST). The Lessee will also be responsible for the Lessee’s own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance, as well as maintenance of the grease trap, plant, equipment, kitchen exhaust, etc.

Property ID: 502558214Last Updated: 10 Apr 2018

0402 724 8...
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Lot 1, 741 Hunter Street
Newcastle, NSW 2300
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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