The Terrace Bar, 529 Hunter Street,
Newcastle, NSW 2300
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Zoning
Sold on
Map of The Terrace Bar, 529 Hunter Street
'The Terrace' Hotel Investment
The property presents an opportunity to acquire a boutique inner city hospitality building with a lease in place until August 2022, with three further option periods of five years each. Strategically positioned within the city's growth corridor, the property is currently returning $115,565* net per annum.
In recent years, the property has undergone a complete refurbishment featuring brand new commercial kitchen on the ground floor, bar area, dual amenities and lounge area overlooking Hunter Street. The refurbishment also included a first floor cocktail bar and secluded open air rooftop terrace.
- Site area 289 sqm*
- Gross Floor Area 501 sqm*
- Zoned B4 Mixed Use
For Sale by Public Auction
Wednesday 11 December 2019 at 11:00am (AEDT)
Auction to be held in rooms at Novotel Newcastle Beach
5 King Street, Newcastle NSW
*Approximately
In recent years, the property has undergone a complete refurbishment featuring brand new commercial kitchen on the ground floor, bar area, dual amenities and lounge area overlooking Hunter Street. The refurbishment also included a first floor cocktail bar and secluded open air rooftop terrace.
- Site area 289 sqm*
- Gross Floor Area 501 sqm*
- Zoned B4 Mixed Use
For Sale by Public Auction
Wednesday 11 December 2019 at 11:00am (AEDT)
Auction to be held in rooms at Novotel Newcastle Beach
5 King Street, Newcastle NSW
*Approximately
Property ID: 503400670Last Updated: 10 Mar 2020
The Terrace Bar, 529 Hunter Street
Newcastle, NSW 2300
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
347-365 Hunter Street,Newcastle, NSW 2300 3416 m²Hotel, Motel & Leisure • Offices • Shops & Retail
Contact Agent
21 Parnell Place,Newcastle, NSW 2300 3543 m²Hotel, Motel & Leisure • Development Sites & Land
