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Shops 5 & 6, 122 Hunter Street Newcastle, NSW 2300

Shops 5 & 6, 122 Hunter Street,
Newcastle, NSW 2300

Shops & Retail

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Prospering Retail Investment

  • Excellent Investment
  • Hunter Street Mall location
  • Highly Exposed
- Leased to national tenant - Blooms Hearing Specialists.
- Three (3) year lease commenced in December 2013 with two further three (3) year options.
- Low rental rate combined with Market Reviews and strong 4% annual increases would suggest solid growth well into the future.
Two (2) separate titles provide ability to split tenancies if required.
Located in high performing retail precinct being the doorstep of the eastern gateway to Hunter Street Mall, which is in planning to undergo a $500m redevelopment.
- Current net income $63,611 (plus GST) per annum approximately.

Property ID: 501303751Last Updated: 16 Oct 2014

02 4926 48...
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Shops 5 & 6, 122 Hunter Street
Newcastle, NSW 2300
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300
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