An excellent opportunity for an owner occupier, investor or developer to acquire a 3 level mixed use building with existing rental income and value add opportunity through refurbishment and rental growth.
The Property is well positioned in the heart of Newcastle CBD, amongst cafes and restaurants, nearby to the Law Courts, parking station, light rail station, Newcastle Mall and surrounded by major projects.
Features:
- Torrens title
- 950 sqm* floor area
- Zoned B4 Mixed Use
- Diversified tenancy profile
- 24 m* dual frontage to King & Hunter Street
- Opportunity for strata conversion STCA
- Located nearby to high rise developments
- Excellent amenity for staff
- Occupy all or part with supplementary income
Expressions of interest close Wednesday 28 October 2020 at 4pm.
*Approximately
Remember to mention you found this property on DevelopmentReady