87-89 Hunter Street,
Newcastle, NSW 2300
Offices • Shops & Retail
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Map of 87-89 Hunter Street
INNER CITY MIXED USE BUILDING WITH 100% OCCUPANCY
- Fully leased
- Rare east end investment
- Retail and residential
Multi-storey mixed use investment property. Benefiting a new 5 year lease (commenced November 2012) to the Newcastle Bakehouse and two (2) fully leased four (4) bedroom apartments.
The ground floor provides a fully serviced bake house.
Levels 1 and 2 provide for two x four bedroom apartments with Level 1 of each apartment comprising combined kitchen / dining / lounge area, two bedrooms, separate toilet and shower. Level 2 accommodates two bedrooms and main bathroom and separate toilet.
The property is situated on the southern side of Hunter Street, between Newcomen and Bolton Street, just 50 metres east of the Hunter Street Shopping Mall. Surrounding development comprises a mixture of commercial and retail premises.
Newcastle CBD has transformed over recent years with an influx of residential apartment developments or re-use of sites into residential resulting in repopulating the centre of the city. Additionally, the redevelopment of the Royal Newcastle Hospital site into residential units, offices, retail and a hotel has also revitalised the east-end of Newcastle CBD.
Current total net income is approximately $122,430 per annum.
The ground floor provides a fully serviced bake house.
Levels 1 and 2 provide for two x four bedroom apartments with Level 1 of each apartment comprising combined kitchen / dining / lounge area, two bedrooms, separate toilet and shower. Level 2 accommodates two bedrooms and main bathroom and separate toilet.
The property is situated on the southern side of Hunter Street, between Newcomen and Bolton Street, just 50 metres east of the Hunter Street Shopping Mall. Surrounding development comprises a mixture of commercial and retail premises.
Newcastle CBD has transformed over recent years with an influx of residential apartment developments or re-use of sites into residential resulting in repopulating the centre of the city. Additionally, the redevelopment of the Royal Newcastle Hospital site into residential units, offices, retail and a hotel has also revitalised the east-end of Newcastle CBD.
Current total net income is approximately $122,430 per annum.
Property ID: 500750515Last Updated: 14 May 2014
02 4926 48...
87-89 Hunter Street
Newcastle, NSW 2300
Colliers - NewcastleGround Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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