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978-980 Hunter Street Newcastle West NSW 2302

  • Shop & Retail
  • 3,193 m²
  • For Sale, Contact Agent

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.

Property Highlights

Property ID2016645551
Floor Area3,193 m²
Land Area1,808 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Dec 2020
Map for 978-980 Hunter Street Newcastle West NSW 2302
Map for 978-980 Hunter Street Newcastle West NSW 2302978-980 Hunter Street Newcastle West NSW 2302

Property Highlights

Property ID2016645551
Floor Area3,193 m²
Land Area1,808 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Dec 2020
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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