745 Hunter Street,
Newcastle West, NSW 2302
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Colliers - Newcastle
Ground Floor, 18 Honeysuckle DriveNEWCASTLE, NSW 2300
745 Hunter Street
Newcastle West, NSW 2302
Map of 745 Hunter Street
Premium Investment - 10 years plus wale
- Total building area 1,583sqm*
- Long WALE of 10.41 years by income
- 20 year lease term to Education Centre
745 Hunter Street is a multi level, 1,583sqm* mixed-use commercial building constructed in 2018, which benefits from 53 secure car spaces.
The building is anchored by Go Kindy Early Education Centre, who occupy two levels on a 20 year lease, with two five year options. Level 4 is currently vacant and provides 692sqm* of A Grade commercial office space. Go Kindy pay $433,860 per annum net, with the property having a potential fully leased net income of $736,000 per annum.
The property provides an outstanding investment opportunity with significant upside once the office component is occupied. This building recently received the coveted award for Energy Efficiency and Environmental Sustainability by the Master Builders Association.
For more information please contact the Exclusive Selling Agents from Colliers International Peter Macadam and Tim Woolf.
*Approximate
The building is anchored by Go Kindy Early Education Centre, who occupy two levels on a 20 year lease, with two five year options. Level 4 is currently vacant and provides 692sqm* of A Grade commercial office space. Go Kindy pay $433,860 per annum net, with the property having a potential fully leased net income of $736,000 per annum.
The property provides an outstanding investment opportunity with significant upside once the office component is occupied. This building recently received the coveted award for Energy Efficiency and Environmental Sustainability by the Master Builders Association.
For more information please contact the Exclusive Selling Agents from Colliers International Peter Macadam and Tim Woolf.
*Approximate
Property ID: 503375862Last Updated: 12 Dec 2022
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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