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Sold on 20 Dec 2019

9 Steel Street Newcastle West NSW 2302

  • Offices
  • 410 m²
  • Sold

Investment Opportunity New 5 year lease

  • Site area 340.3sqm*
  • Building area 292sqm*
  • Current net passing income $87,700*

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 9 Steel Street, Newcastle West For Sale by Private Treaty for $1,100,000.

This property is a two storey commercial building currently operating as a well known restricted premises.
The property is fully leased and benefits from development consent for its current use. The building comprises seven working rooms all with shower amenities, and also includes a reception and lounge area, kitchen area, laundry and rear lane entry.

Further features include
- Site area 340.3sqm*
- Building area 292sqm*
- Current net income $87,700* pa
- Ducted air-conditioning

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

*Approx.
(NPP).

Property Highlights

Property ID2015517650
Date Sold20 Dec 2019
Floor Area410 m²
Land Area340 m²
ParkingAsk Agent
Category
Last updated  15 Jan 2020
Map for 9 Steel Street Newcastle West NSW 2302
Colliers International - Newcastle
Gf, 18 Honeysuckle Drive Newcastle NSW 2300

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