The property presents a high profile Torrens titled commercial building with 12 on-site car parks. Comprising four levels, including basement and loft levels, the property is fully leased to two tenants, being an amusement centre including café and retail on the ground floor, and a serviced apartment operator on the first floor.
Located directly opposite the Hunter TAFE Campus, the property is well positioned to benefit from the gentrification taking place throughout the Mayfield/Tighes Hill areas.
Net income $99,162* per annum + GST
12 on-site car spaces
B1 Neighbourhood Centre zoning
742sqm* building area plus basement and loft
Diversified income retail/accommodation
For Sale by Public Auction | Thursday 09 September 2021 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle
*Approximate.