This property is superbly located on the Eastern side of Darby Street right in the heart of the retail and cafe strip. This popular position is highly sought after as it has maximum exposure from one of Newcastle’s busiest streets.
The 2 storey terrace currently consists of 3 rooms downstairs plus bathroom and kitchenette. Upstairs you have 2 rooms with front room opening onto the covered balcony. There is a courtyard at the rear with room for 2 car spaces which are accessed off the laneway via Bull Street.
The property offers loads of potential, either by renovating the existing commercial space or possibly converting the terrace into a substantial residential home.

* Existing tenant is a retail clothing shop
* Currently leased until 31st January 2017 (No option there after)
* Returning $32,634 PA Gross plus GST
* Zoned B4 Mixed Use
* 90sqm internal lettable area. 55sqm downstairs and 35sqm downstairs approx
* Land size 136sqm
* Current DA approval for extension and upgrade. Lapses 11th September 2017
* 2 Car parks at rear

Being sold as a going concern.
Agent declares interest.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.)