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Lot 6, Level 1, 23 Watt Street Newcastle, NSW 2300

Lot 6, Level 1, 23 Watt Street,
Newcastle, NSW 2300

Shops & Retail

Key property information

Floor area

Leased on

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DA Approved Restaurant/Bar Opportunity

  • On-premise liquor licence
  • Total lettable area - 85sqm (approx.)
  • Grease trap plus exhaust on-site
- Located in the tightly held "East End" of Newcastle is a partly fitted DA approved restaurant and bar opportunity with an on-premise liquor licence included.

- Features of the property include ducted air conditioning, partly fitted kitchen with exhaust and grease trap.

- Total lettable area: 85sqm (approx.)

- Rental: $50,000 per annum gross plus GST.
- Outgoings are included in the abovementioned rental. The Lessee will be responsible for the Lessee's own business related operating expenses including, but not limited to, electricity, water usage, telephones, insurance, internal cleaning etc.

Newcastle, 2300 demographic data

The median household income for Newcastle is $1,943, 35% higher than Regional New South Wales's household income of $1,434. Newcastle has a younger age profile compared to the rest of Regional New South Wales (median age 41 vs 43). Property ownership data shows 42% of property owners in Newcastle have a mortgage.

3,852
Population
$1,943 per week
Median household income
41 years
Median age
Renters
Most residents
Singles
Most households
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Lot 6, Level 1, 23 Watt Street
Newcastle, NSW 2300
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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