59b Stewart Avenue,
Hamilton South, NSW 2303

The subject property is located on the eastern side of Stewart Avenue, within one kilometre (approx.) from Hamilton’s restaurant and café precinct of Beaumont Street, and only three kilometres (approx.) from the Newcastle CBD.

The property comprises a single storey, highly exposed commercial building occupied by ‘The Avenue’ takeaway shop. Internally, the building is made up of two parts, featuring a front-of-house servery area on the Stewart Avenue frontage, together with a commercial kitchen and food preparation area located at the rear. A small storage garage and back-of-house garbage area are located at the rear of the property, which also extends to the on-site carpark area.

- Situated approximately three kilometres from the Newcastle CBD
- Prominent main road position
- Total site area 208.7 square metres (approx.)
- Total building area 80 square metres (approx.)
- Leased until 31 July 2019
- Current net rental income $36,582 per annum net
- Annual CPI rent increases throughout the lease term
- Zoned B1 Neighbourhood Centre under Newcastle LEP 2012

For Sale by Public Auction Thursday 22nd September at 10.30am | Novotel, 5 King Street, Newcastle