88 Darby Street,
Cooks Hill, NSW 2300
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
88 Darby Street
Cooks Hill, NSW 2300
Map of 88 Darby Street
Investment opportunity on renowned “Eat Street” of Cooks Hill
- Dual income investment
- Returning $118,751* net per annum + GST
Auction Location: 88 Darby Street, Cooks Hill
For Sale by Public Auction on Saturday 22 July 2023 at 12pm on-site
88 Darby Street, Cooks Hill is a fully tenanted investment opportunity, with two commercial leases generating a substantial annual net income of $118,751* per annum plus GST.
The property offers dual income with the ground floor occupied by Dumpling Flavour until April of 2027. The first floor is occupied by the popular Wings and Tins restaurant in a lease until 2026 with a further 5-year option. Both tenancies have a fully fitted commercial kitchen equipped with cool rooms and a grease trap. Both ground floor and level one tenancies offer convenient amenities with approximate seating for 145 customers across both tenancies.
The asset offers great exposure along the busy Darby Street in Cooks Hill and presents an attractive dual income investment prospect with promising returns.
Key features include:
- Two commercial leases generating $118,751* net per annum + GST
- Two fully fitted commercial kitchens
- Includes grease trap, cool rooms, and ample storage
- Amenities available on both ground floor & level 1
- High exposure along Darby Street
*Approximately
For Sale by Public Auction on Saturday 22 July 2023 at 12pm on-site
88 Darby Street, Cooks Hill is a fully tenanted investment opportunity, with two commercial leases generating a substantial annual net income of $118,751* per annum plus GST.
The property offers dual income with the ground floor occupied by Dumpling Flavour until April of 2027. The first floor is occupied by the popular Wings and Tins restaurant in a lease until 2026 with a further 5-year option. Both tenancies have a fully fitted commercial kitchen equipped with cool rooms and a grease trap. Both ground floor and level one tenancies offer convenient amenities with approximate seating for 145 customers across both tenancies.
The asset offers great exposure along the busy Darby Street in Cooks Hill and presents an attractive dual income investment prospect with promising returns.
Key features include:
- Two commercial leases generating $118,751* net per annum + GST
- Two fully fitted commercial kitchens
- Includes grease trap, cool rooms, and ample storage
- Amenities available on both ground floor & level 1
- High exposure along Darby Street
*Approximately
Property ID: 504351636Last Updated: 10 Nov 2023
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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