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9 Steel Street Newcastle West, NSW 2302

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9 Steel Street,
Newcastle West, NSW 2302

Offices • Shops & Retail • Hotel, Motel & Leisure

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Map of 9 Steel Street

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Investment Opportunity – New 5 year lease

  • Site area 340.3sqm*
  • Building area 292sqm*
  • Current net passing income $87,700*
Under instructions from Peter Hillig and Michael Smith of Smith Hancock acting as the Trustees of the property, Colliers International is pleased to present to the market 9 Steel Street, Newcastle West For Sale by Private Treaty for $1,100,000.

This property is a two storey commercial building currently operating as a well known restricted premises.
The property is fully leased and benefits from development consent for its current use. The building comprises seven working rooms all with shower amenities, and also includes a reception and lounge area, kitchen area, laundry and rear lane entry.

Further features include
- Site area 340.3sqm*
- Building area 292sqm*
- Current net income $87,700* pa
- Ducted air-conditioning

For further information on this property please contact one of our Colliers International agents Peter Macadam or Nick Christensen.

*Approx.
(NPP).

Property ID: 503292402Last Updated: 17 Apr 2020

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9 Steel Street
Newcastle West, NSW 2302
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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