380 Hunter Street,
Newcastle, NSW 2300
Offices • Shops & Retail
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
380 Hunter Street
Newcastle, NSW 2300
Map of 380 Hunter Street
Fully leased multiple income commercial premises
- Net Income $101,766 per annum + GST
- Retail lease expiring Feb 2029
- Commercial lease expiring March 2025
For Sale by Auction on 13 March 2024 at 11am
Located in the iconic Evatt Chambers building, 380 Hunter Street, Newcastle presents an excellent opportunity to acquire a fully leased commercial building in a prime location on Hunter Street. The premises comprises of 2 ground floor retail tenancies over 175sqm* currently leased to The Lincoln Room Barbers Parlor and Coal and Cedar Cocktail Bar. Upstairs is an elegant 188sqm* commercial suite with an exception fitout insitu. This space is currently leased by commercial operators Quality People and Training Solutions who have been operating there since September 2022.
- Fully leased commercial premises with an annual net income of $101,766 + GST
- Downstairs retail leases leased until Feb 2029
- Upstairs commercial lease until March 2025 offering flexible potential residential development
- Steady income stream from multiple leases
- Located close to Newcastle University, Newcastle Light Rail network and the Honeysuckle precinct
*Approximately
Located in the iconic Evatt Chambers building, 380 Hunter Street, Newcastle presents an excellent opportunity to acquire a fully leased commercial building in a prime location on Hunter Street. The premises comprises of 2 ground floor retail tenancies over 175sqm* currently leased to The Lincoln Room Barbers Parlor and Coal and Cedar Cocktail Bar. Upstairs is an elegant 188sqm* commercial suite with an exception fitout insitu. This space is currently leased by commercial operators Quality People and Training Solutions who have been operating there since September 2022.
- Fully leased commercial premises with an annual net income of $101,766 + GST
- Downstairs retail leases leased until Feb 2029
- Upstairs commercial lease until March 2025 offering flexible potential residential development
- Steady income stream from multiple leases
- Located close to Newcastle University, Newcastle Light Rail network and the Honeysuckle precinct
*Approximately
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
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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