485-487 Hunter Street,
Newcastle, NSW 2300
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Map of 485-487 Hunter Street
Affordable Freehold Retail Investment
Main street Newcastle CBD location.
Lessee: Compass Housing Services Pty Limited.
Leased until 31 October 2015 + 3 year option.
Same tenant occupied premises since 2004.
Modern improvements & rear parking.
Future redevelopment potential as area rejuvenates.
Established 1984, Compass is a not for profit organization and is Australia's largest regional housing provider managing 3,300+ properties.
Newcastle is Australia's sixth largest city and destined for future growth.
Attractive 5% annual increases.
Net Income: $56,290pa + GST
Price Guide: $700,000 (8% net yield)
For Sale by Private Treaty
Unless Sold Prior
Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au
Lessee: Compass Housing Services Pty Limited.
Leased until 31 October 2015 + 3 year option.
Same tenant occupied premises since 2004.
Modern improvements & rear parking.
Future redevelopment potential as area rejuvenates.
Established 1984, Compass is a not for profit organization and is Australia's largest regional housing provider managing 3,300+ properties.
Newcastle is Australia's sixth largest city and destined for future growth.
Attractive 5% annual increases.
Net Income: $56,290pa + GST
Price Guide: $700,000 (8% net yield)
For Sale by Private Treaty
Unless Sold Prior
Simon Staddon 0413 640 851
sstaddon@burgessrawson.com.au
Property ID: 500597387Last Updated: 31 Oct 2013
02 9232 62...
485-487 Hunter Street
Newcastle, NSW 2300
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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