Impressive CBD Waterfront Investment
1 Honeysuckle Drive , Newcastle NSW
Property Highlights
5 year lease + option
Boardwalk location
Premier waterfront precinct
Description
5 year lease to January 2024 plus option to 2029
Boardwalk location in Newcastle’s premier waterfront precinct
Dominant 523 sqm ground level corner retail + 2 car spaces
7 day bar/dining venue with stunning harbour views
Experienced operator boasting multiple F&B venues
Adj. Rydges Hotel & 300 m from The University of Newcastle
Newcastle: 21% population growth expected by 2041
Annual 3% fixed increases
Net Income: $226,965 pa + GST
For Sale by Deadline Private Treaty
13 December 2019 (unless sold prior)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1 SQM
Building Area
523 SQM
