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Commercial Collective - NEWCASTLE

450-454 Hunter Street Newcastle, NSW 2300

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450-454 Hunter Street,
Newcastle, NSW 2300

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Commercial Collective - NEWCASTLE
Adam Leacy
Jared Harris

Commercial Collective - NEWCASTLE

10 Newcomen Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
450-454 Hunter Street
Newcastle, NSW 2300

Map of 450-454 Hunter Street

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  • Train stations within 5 km of 450-454 Hunter Street, Newcastle, NSW 2300Distance
    Newcastle Interchange1.2 km
    Hamilton Station2.3 km
    Broadmeadow Station3.4 km
    Waratah Station4.6 km
    Adamstown Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 450-454 Hunter Street, Newcastle, NSW 2300Distance
    Hunter St Opp Auckland St70 m
    University House, King St112 m
    Newcastle Maritime Museum, Honeysuckle Dr157 m
    King St After Auckland St198 m
    King St at Burwood St217 m
    POWERED BY HERE ©
POWERED BY HERE ©

Premium CBD Investment with a long-term lease

  • 100% Occupancy
  • Lease Term 10 years x 10 years
  • 5-star NABERS Energy rating
For Sale by Expressions of Interest closing Thursday 11 April 2024

450-454 Hunter Street, Newcastle is a 6-storey commercial building leased to Helloworld Travel Agency. With a 10 year lease with an option to renew for a further 10 years, Helloworld occupy the total gross floor area of 1,449sqm* across 6 stories.

Helloworld, a renowned travel agency, initiated their tenure with a ten-year lease agreement in August 2017, with an option to extend for an additional 10 years commencing in August 2027. The property generates a substantial net rent of $435,189.24* per annum + GST, with a 3% annual increase effective from 1 August 2024.

Positioned on Newcastle's highly exposed Hunter Street, the property had a recent evaluation of the building's energy efficiency which concluded a 5-star NABERS Energy rating.

- Fully leased to Hunter Travel Group Pty Ltd trading as Helloworld
- Lease Term 10 years x 10 years
- Returning net income $435,189.24 per annum plus GST
- Tenant pays 100% of outgoings
- Outgoings estimated at $55,063.39* per annum
- Gross floor area of 1,449sqm*
- Zoned E2 Commercial Centre
- 5-star NABERS Energy rating

*Approximately

Property ID: 504539916Last Updated: 18 Apr 2024

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