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87-89 Hunter Street
Newcastle NSW 2300
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87-89 Hunter Street Newcastle NSW 2300

  • Offices
  • 500 m²
  • For Sale, Please contact agent

Mixed use investment with two huge 4 bed apartments

  • Passing income of $129,514
  • Ground floor “Hatted” restaurant
  • Mixed use East End CBD investment

Irreplaceable mixed use investment opportunity in the East End of Newcastle. The property generates a significant net passing income of $129,514* per annum which is split between three tenancies. On the ground floor is Humbug, a recently awarded a "hatted" restaurant in the SMH good food guide 2024. One of only two restaurants in Newcastle which such an award, with the five other restaurants with "hats" being in the coveted Hunter Valley wine and food region. Humbug has recently extended their lease until 30 September 2029.

On the floors above are two huge 4-bedroom, 2-bathroom split level atrium style apartments. Both with separate accesses the apartments are leased until October & December 2024 respectively.

This fantastic opportunity presents the incoming purchaser the ability to have multiple income streams as well as the ability to live in the inner city should they wish.

For more information, please contact the agents listed.

*Approx.

Property Highlights

Floor Area500 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019188617
Category
Last updated  28 May 2024
Map for 87-89 Hunter Street Newcastle NSW 2300

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Property Highlights

Floor Area500 m²
Land AreaAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019188617
Category
Last updated  28 May 2024

Co-Agents

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Property FAQs

The agent has not listed a sale price for 87-89 Hunter Street Newcastle NSW 2300. Contact the agent for a price guide.
The floor area for 87-89 Hunter Street Newcastle NSW 2300 is 500 m².
There is no on-site parking availability specified for 87-89 Hunter Street Newcastle NSW 2300. For more information about parking, contact the agent.
87-89 Hunter Street Newcastle NSW 2300 is currently vacant.
The property highlights for 87-89 Hunter Street Newcastle NSW 2300 are 'Passing income of $129,514', 'Ground floor “Hatted” restaurant' and 'Mixed use East End CBD investment'.
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