978-980 Hunter Street Newcastle West NSW 2302

Shop & Retail
3,193 m²
Sold

Prized Blue-Chip Retail Investment

New 5 + 5 + 5 year lease
Renowned national tenant
Significant future development potential

*** EOI is closed - Offers under consideration ***

The Savills NSW Metropolitan & Regional Sales Team are pleased to present to the market, the opportunity to acquire 978-980 Hunter Street, Newcastle West.

High profile retail freehold of 3,193sq m*
Fully leased to Fantastic Furniture
Brand new 5+5+5 year lease comm. 1 October 2020
Large landholding of 1,808sq m*
Significant future development upside with B4 zoning allowing a 20 storey* project
Prime Newcastle CBD location surrounded by national and global retailers
Current net income: $522,000 per annum*
Rear lane access with loading dock
Prime Newcastle CBD location surrounded by national and global retailers, such as Aldi, Woolworths, BMW and Anytime Fitness
Extremely high levels of passing vehicular traffic with an average daily count of 31,294*
A premium investment opportunity not to be missed!

For further information please contact the agents below.

*Approx.

Savills Sydney

Level 25/1 Farrer Place

Sydney, NSW 2000

Property Highlights

Date Sold	23 Feb 2020
Floor Area	3,193 m²
Land Area	1,808 m²
Parking	On site parking available
Property ID	2016645551
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	24 Feb 2021

Map for 978-980 Hunter Street Newcastle West NSW 2302

Nearest transport* to 978-980 Hunter Street Newcastle West NSW 2302

Bus

Train

Tram

Sacred Heart Cathedral, Hunter St	69 m
Hunter St Opp Sacred Heart Cathedral	74 m
Sacred Heart Cathedral, Parry St	154 m
Tudor St After Parry St	154 m

*Within a 4km radius

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Savills Sydney

Level 25/1 Farrer Place

Sydney, NSW 2000

Property Highlights

Date Sold	23 Feb 2020
Floor Area	3,193 m²
Land Area	1,808 m²
Parking	On site parking available
Property ID	2016645551
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	24 Feb 2021

Co-Agents

Nick Lower

Savills Sydney

Call

+61 414 259 494

Ollie Ridley

Savills Sydney

Call

0448 080 310

More about 978-980 Hunter Street Newcastle West NSW 2302

978-980 Hunter Street Newcastle West NSW 2302 is categorized as Shop & Retail Property. It has a floor area of 3,193 m² and a land area of 1,808 m². The listing ID for this property is 2016645551.