CBRE is pleased to present to the market 504/653 Hunter Street, Newcastle West NSW, for sale via Private Treaty The opportunity has the following investment highlights:
+ Three (3) year net lease to 2028 plus one three (3) year option extending to 2031
+ Butter Fish Services: a national allied health and behaviour support provider, delivering therapy and support services across Australia
+ Landlord friendly net lease, tenant responsible for all outgoings including council rates, levies, management fees and repairs & maintenance, as per lease
+ Rare and attractive fixed 3.5% annual rental increases, ensuring compounding income growth
+ Superb location in Newcastles CBD, complemented by its close proximity to Marketown Shopping Centre, hosting an array of national tenants including Woolworths, Big W, Officeworks, Coles, Dan Murphys, Australia Post and more
+ Brand new A-grade 86sqm* commercial office space, improved with a meeting room, office, kitchen and valuable on-title car space
+ 2025 construction
– providing maximum depreciation benefits
+ Newcastle: the largest city in NSW outside of Sydney and a key growth region that supports a population of 176,860 with a GRP of $22.72 billion²
+ Net Income: $64,500 pa* + GST For sale via Private Treaty Please contact the exclusively appointed sales team for more information..
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