Share this property

realcommercial.com.au
Commercial Collective - NEWCASTLE

380 Hunter Street Newcastle, NSW 2300

Directions

380 Hunter Street,
Newcastle, NSW 2300

Offices • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Sold on

Commercial Collective - NEWCASTLE
Brad Crouch
Isaac Reville

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
380 Hunter Street
Newcastle, NSW 2300

Map of 380 Hunter Street

Directions

Fully leased multiple income commercial premises

  • Net Income $101,766 per annum + GST
  • Retail lease expiring Feb 2029
  • Commercial lease expiring March 2025
For Sale by Auction on 13 March 2024 at 11am

Located in the iconic Evatt Chambers building, 380 Hunter Street, Newcastle presents an excellent opportunity to acquire a fully leased commercial building in a prime location on Hunter Street. The premises comprises of 2 ground floor retail tenancies over 175sqm* currently leased to The Lincoln Room Barbers Parlor and Coal and Cedar Cocktail Bar. Upstairs is an elegant 188sqm* commercial suite with an exception fitout insitu. This space is currently leased by commercial operators Quality People and Training Solutions who have been operating there since September 2022.

- Fully leased commercial premises with an annual net income of $101,766 + GST
- Downstairs retail leases leased until Feb 2029
- Upstairs commercial lease until March 2025 offering flexible potential residential development
- Steady income stream from multiple leases
- Located close to Newcastle University, Newcastle Light Rail network and the Honeysuckle precinct

*Approximately

Property ID: 504515536Last Updated: 1 May 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Commercial Collective - NEWCASTLE

Other properties you might be interested in based on the location and property type you are looking at.