48 Watt Street,
Newcastle, NSW 2300

Shops & Retail • Development Sites & Land

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Imagine Owning The Former St Philip's Church in Boomtown - Endless Future Possibilities

Net income $150,000 per annum (approx.)
Lease expiry October 2022
Zoned R4 High Density

The property represents a historic church chamber erected in 1905 and stands as one of Newcastle's unique landmark properties. Conveniently positioned within the east end precinct of the city of Newcastle, this property is within easy walking distance to the Harbour Foreshore, Newcastle Beach, bars/restaurants and Hunter Street Shopping Mall. The church underwent significant renovations in 2011 creating a functional entertainment facility of over 750sqm (approx.). The building is currently utilised as a wedding and function centre and benefits from a primary service authorisation license.

- Net income $150,000 per annum (approx.) 4% increases
- Lease expiry October 2022
- Zoned R4 High Density
- Benefits from primary service authorisation
- Modern infrastructure for food and beverage
- 750sqm (approx.) including alfresco dining
- Located in east end growth precinct.
- Positioned on Newcastle's Supercars track.

For Sale by Expressions of Interest.

(NPP)