Shops 5 & 6, 122 Hunter Street,
Newcastle, NSW 2300
Shops & Retail
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Prospering Retail Investment
- Excellent Investment
- Hunter Street Mall location
- Highly Exposed
- Leased to national tenant - Blooms Hearing Specialists.
- Three (3) year lease commenced in December 2013 with two further three (3) year options.
- Low rental rate combined with Market Reviews and strong 4% annual increases would suggest solid growth well into the future.
Two (2) separate titles provide ability to split tenancies if required.
Located in high performing retail precinct being the doorstep of the eastern gateway to Hunter Street Mall, which is in planning to undergo a $500m redevelopment.
- Current net income $63,611 (plus GST) per annum approximately.
- Three (3) year lease commenced in December 2013 with two further three (3) year options.
- Low rental rate combined with Market Reviews and strong 4% annual increases would suggest solid growth well into the future.
Two (2) separate titles provide ability to split tenancies if required.
Located in high performing retail precinct being the doorstep of the eastern gateway to Hunter Street Mall, which is in planning to undergo a $500m redevelopment.
- Current net income $63,611 (plus GST) per annum approximately.
Property ID: 501303751Last Updated: 16 Oct 2014
02 4926 48...
Shops 5 & 6, 122 Hunter Street
Newcastle, NSW 2300
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NEWCASTLE, NSW 2300
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