A Three Storey Building for "Express of Interest" Owner-occupied Commercial/Residential FREEHOLD property in a great location at the heart of Newcastle East CBD. The residential part was built in 2004 all D/A approved with a large 240 m2 Three-bedroom apartment and another one-bedroom self contained apartment. The commercial premises is 120m2 designed and approved for a small restaurantor cafe, Bar with seating available outside . Fantastic location right in the heart of Hunter street Newcastle off darby st. Close to Honeysuckle, Beaches, Cafes, Restaurants and Public transport. The relative rental income on this building is around $85,000 annually and by August 2021 will be close to $90,000 annually. All residential are leased by room rentals leases and the commercial part is leased on a 2x2 option due in JAN 2022. Looking for express interest parties can show the property for viewing.

UPDATE 3/3 Secured Japanese cafe starting 25/5/22 for commercial/retail section

Features include:
- B4 Mixed Use Zoning
- All Rentals $85,000 - $90,000 Income Annually.
- All Areas are tenanted Residential and Commercial.
- Cafe/ Restaurant (Ground Floor).
- Furnished.
- Air-conditioning.
- Full kitchen Cafe (approved outside seating).
- Fantastic Location.
- Close to Beach, Honeysuckle Waterfront, Cafes, Harbour, Restaurants.
- Light Rail out the front door.
- Around the corner from the only 5-star Hotel.