13 Steel Street Newcastle West NSW 2302

Shop & Retail
500 m²
Sold

Multi Tenanted Investment - 100% leased

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 13 Steel Street, Newcastle West For Sale via Expressions of Interest closing 26 September 2019 at 4pm.

The site is currently leased to three separate tenants including Domino's which fronts Steel Street. There are two separate entertainment businesses accessed via the rear lane way, including a ground floor bar and DA Approved first floor restricted premises.

Further features include
- Site area 297.1sqm*
- Building area 500sqm*
- Estimated net passing income $115,745* pa
- Lease terms range from 5 years to 6.5 years
- Two leases include demolition or redevelopment clauses
- Separate metering for separate tenants

Property also available in-one-line with 7, 9 or 11 Steel Street

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

*Approx.
(NPP)

EXPRESSION OF INTEREST

Closing date and time	26/09/2019 12:00
Recipient name	Peter Macadam
Delivery address	Ground Floor, 18 Honeysuckle Drive, Newcastle

Colliers Newcastle

Ground Floor, 18 Honeysuckle

Newcastle, NSW 2300

Property Highlights

Date Sold	24 Oct 2019
Floor Area	500 m²
Land Area	297 m²
Parking	On site parking available
Property ID	2015517338
Category	Shop & Retail
Last updated	15 Jan 2020

Map for 13 Steel Street Newcastle West NSW 2302

Nearest transport* to 13 Steel Street Newcastle West NSW 2302

Bus

Train

Tram

Hunter St At Steel St	85 m
Hunter St After Steel St	142 m
King St Before Devonshire St	144 m
King St Opp Devonshire St	171 m

*Within a 4km radius

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Colliers Newcastle

Ground Floor, 18 Honeysuckle

Newcastle, NSW 2300

Property Highlights

Date Sold	24 Oct 2019
Floor Area	500 m²
Land Area	297 m²
Parking	On site parking available
Property ID	2015517338
Category	Shop & Retail
Last updated	15 Jan 2020

Co-Agents

Peter Macadam

Colliers Newcastle

Call

+61 402 074 159

Nick Christensen

Colliers Newcastle

Call

+61 402 635 503

More about 13 Steel Street Newcastle West NSW 2302

13 Steel Street Newcastle West NSW 2302 is categorized as Shop & Retail Property. It has a floor area of 500 m² and a land area of 297 m². The listing ID for this property is 2015517338.