92-94 Darby Street,
Cooks Hill, NSW 2300
Offices • Shops & Retail • Development Sites & Land
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Map of 92-94 Darby Street
Fully Leased Darby Street Investment with Upside
- 100% leased
- Future development upside
- 18 car spaces
Knight Frank is pleased to present an exciting prospect for investors boasting a renewed 5-year lease to an established real estate services business on a large, improved land holding in Newcastle’s premier retail precinct.
The Property is positioned in the heart of Darby Street, a popular entertainment precinct with cafes, restaurants and retail shops trading day and night, seven days a week, servicing the affluent surrounding beachside suburbs and the City Centre.
The appeal is further broadened by the future development potential and there is the opportunity to improve the land parcel by purchasing the adjoining property known as 25A Queen Street consisting of a 2 bedroom cottage on a 206sqm* site offered for sale, separately by Knight Frank.
Features:
- Renewed 5+5 year lease
- Leased to an established real estate agency (since 1975)
- Net income $162,261 per annum + GST
- Modern building
- 18 car parks
- Net Lettable Area - 396sqm*
- Site area - 986sqm*
- Prime retail location
- Future development upside
92-94 Darby Street, Cooks Hill is offered for sale by Online Auction closing Thursday 11 November at 11am.
*approximately
The Property is positioned in the heart of Darby Street, a popular entertainment precinct with cafes, restaurants and retail shops trading day and night, seven days a week, servicing the affluent surrounding beachside suburbs and the City Centre.
The appeal is further broadened by the future development potential and there is the opportunity to improve the land parcel by purchasing the adjoining property known as 25A Queen Street consisting of a 2 bedroom cottage on a 206sqm* site offered for sale, separately by Knight Frank.
Features:
- Renewed 5+5 year lease
- Leased to an established real estate agency (since 1975)
- Net income $162,261 per annum + GST
- Modern building
- 18 car parks
- Net Lettable Area - 396sqm*
- Site area - 986sqm*
- Prime retail location
- Future development upside
92-94 Darby Street, Cooks Hill is offered for sale by Online Auction closing Thursday 11 November at 11am.
*approximately
Property ID: 503926250Last Updated: 7 Jan 2022
Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry StreetNEWCASTLE WEST, NSW 2302
04070272...
92-94 Darby Street
Cooks Hill, NSW 2300
Knight Frank - NewcastleSuite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
NEWCASTLE WEST, NSW 2302
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