13 Steel Street Newcastle West NSW 2302
- 500 m²
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.
EXPRESSION OF INTEREST
|Closing date and time||26/09/2019 12:00|
|Recipient name||Peter Macadam|
|Delivery address||Ground Floor, 18 Honeysuckle Drive, Newcastle|
|Date Sold||20 Dec 2019|
|Floor Area||500 m²|
|Land Area||297 m²|
|Parking||On site parking available|
|Last updated||28 Oct 2019|