689 Hunter Street,
Newcastle West, NSW 2302

Development Sites & Land • Offices • Medical & Consulting

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Location, Location, Location - Invest, Occupy, Develop

$200,000 pa net income
1,170sqm NLA
14 secure car parks

Knight Frank is pleased to present an exciting opportunity for investors, occupiers & developers to purchase a mixed use commercial building with income & value-add opportunity in the thriving West End of Newcastle.

The Property consists of a two level Torrens title building with 14 secure under cover car spaces & scope for refurbishment & future hi-rise redevelopment.

Features:
- 365sqm* ground floor retail
- 805sqm* first floor office
- 14 secure undercover car parks with rear lane access
- 12 month lease to Foley's Pianos
- $200,000 pa net rent
- 846sqm* site area (opportunity to purchase 695 Hunter St adjoining the property - speak with agent)
- Zoned B3 Commercial Core
- 60m height limit, 6:1 FSR
- 300m* to the Transport Interchange
- 100m* to Market Town Shopping Centre
- Surrounded by new development

For sale by online Auction closing 11am 24th June 2021. Contact Brent Sinclair 0407 027 2... for more details.

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Property ID: 503832890Last Updated: 19 Aug 2021

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