Stunning Newcastle Waterfront Investment

1 Honeysuckle Drive , Newcastle NSW

Property Highlights

Waterfront Restaurant Investment

New 5 yr lease

Large ground level accommodation


For sale by Expressions of Interest
Offers close Thursday 30th May 2019 at 3pm
(unless sold prior)

The Landing: busy bar/dining operation with PSA liquor licensee trading 7 days, lunch & dinner to late with stunning harbour views, experienced operator boasting multiple other F&B concepts
Large 523 sqm ground level accommodation + 2 car spaces
New 5 year lease to January 2024 plus option to 2029
Annual 3% fixed increases assuring rental growth
Dominant corner frontage adjacent 175 room Rydges Hotel & 300 metres from The University of Newcastle
Corner boardwalk location in premium waterfront precinct
Part of “The Boardwalk”: exclusive mixed use development comprising residential, retail & 3,000 sqm of office space
Newcastle: powerhouse economy benefiting from significant infrastructure incl. Interchange, Light Rail & Airport and 560,000 population

Net Income: $219,765 pa + GST

Property Details

Current Tenant
Occupancy Type
Land Size
523 Squaremeter
Gross Building Area
523 Squaremeter

Contact Agents

Simon Staddon

0413 640 851

Tom Doran

0407 928 324

Request Information

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