978-980 Hunter Street,
Newcastle West, NSW 2302
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
978-980 Hunter Street
Newcastle West, NSW 2302
Map of 978-980 Hunter Street
Prized Blue-Chip Retail Investment
- New 5 + 5 + 5 year lease
- Renowned national tenant
- Significant future development potential
*** EOI is closed - Offers under consideration ***
The Savills NSW Metropolitan & Regional Sales Team are pleased to present to the market, the opportunity to acquire 978-980 Hunter Street, Newcastle West.
• High profile retail freehold of 3,193sq m*
• Fully leased to Fantastic Furniture
• Brand new 5+5+5 year lease – comm. 1 October 2020
• Large landholding of 1,808sq m*
• Significant future development upside – with B4 zoning allowing a 20 storey* project
• Prime Newcastle CBD location surrounded by national and global retailers
• Current net income: $522,000 per annum*
• Rear lane access with loading dock
• Prime Newcastle CBD location surrounded by national and global retailers, such as Aldi, Woolworths, BMW and Anytime Fitness
• Extremely high levels of passing vehicular traffic with an average daily count of 31,294*
• A premium investment opportunity not to be missed!
For further information please contact the agents below.
*Approx.
The Savills NSW Metropolitan & Regional Sales Team are pleased to present to the market, the opportunity to acquire 978-980 Hunter Street, Newcastle West.
• High profile retail freehold of 3,193sq m*
• Fully leased to Fantastic Furniture
• Brand new 5+5+5 year lease – comm. 1 October 2020
• Large landholding of 1,808sq m*
• Significant future development upside – with B4 zoning allowing a 20 storey* project
• Prime Newcastle CBD location surrounded by national and global retailers
• Current net income: $522,000 per annum*
• Rear lane access with loading dock
• Prime Newcastle CBD location surrounded by national and global retailers, such as Aldi, Woolworths, BMW and Anytime Fitness
• Extremely high levels of passing vehicular traffic with an average daily count of 31,294*
• A premium investment opportunity not to be missed!
For further information please contact the agents below.
*Approx.
Property ID: 503705186Last Updated: 24 Feb 2021
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000