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

Price

Contact Agent

Contact Agents

Simon Staddon

0413 640 851

Contact Me

Simon Staddon

0413 640 851

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