CBRE is pleased to offer to the market, OTR convenience retail at 56, 66-68 Tudor Street (cnr Elcho Street), Hamilton (Newcastle) NSW for sale via National Portfolio Auction 185.

The property has the following key investment highlights:

+ Fifteen (15) year lease from 2024 to 2039 plus options through to 2079.
+ Fixed, compounding 3.5% annual rent increases with 10% cap & collar at each option.
+ Tenant pays ‘multiple holding’ land tax and management fees.
+ Rare triple net lease structure, with tenant responsible for all rates, multiple holding land tax, building insurance, property management.
+ Tenant also responsible for all structural maintenance, repairs and replacement, (including fuel tanks and equipment).
+ Viva Energy (ASX: VEA): Blue-chip ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail with 1,500 sites nationally. (1)
+ OTR: leading convenience retailer generating $3 billion in revenue annually, with 200+ sites across Australia, licenses for QSR’s including Hungry Jack’s, GyG, Subway & Oporto. (1)
+ Recently upgraded (2024), offering modern, state-of-the-art infrastructure and significant tax depreciation benefits.
+ Immaculate 1,136 corner landholding with 73 metres* of dual street frontage and exposure.
+ Two-level 264sqm* complex with convenience retail plus upstairs office and staff amenities, plus canopy .
+ Toyota, Ford, BMW, Tesla, Mitsubishi, MG, Hyundai, Volkswagen, Honda, Nissan, Chery, Suzuki & Mini Car Dealerships all within 500m*.
+ Newcastle: major Commercial Hub population forecast to grow by 17% to 205,445 by 2046. (2)
+ Welcoming over 5 million visitors per year, Newcastle’s visitor economy generates approximately $3.16 billion in annual tourism sales and supports nearly 5,000 jobs. (2)
+ Net Income: $321,368 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 23 June 2026
Yallamundi Rooms – Sydney Opera House

* Approx.
1 Viva Energy
2 .id