The property comprises a fully leased commercial investment benefitting from a diversified income stream from two National
Tenants.
Both tenancies have been stylishly renovated to incorporate a high level of commercial office fitout providing ground floor and mezzanine accommodation.
Located on the main arterial road leading into the Newcastle CBD, Hannell Street is undergoing significant change at present with the relocation of multiple car dealerships to the strip, looking to capitalise on the exposure and close proximity to the CBD.
- Net income $167,877.15* (plus GST)
- Four undercover stacked car spaces
- Prominent CBD fringe location
- Funky commercial office fitouts in-situ
- IN2 Light Industrial zoning
- 2.68 years (as at September 2020)
- Total site area - 537.5sqm*
- Total building area - 637sqm*
For Sale by Public Auction
Thursday 10 September at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle
*Approximate