5, 275 Hunter Street, Newcastle, NSW 2300

Retail | Offices

Sold $320,000

  • Property ID: 438340
  • Floor Area: 57m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/02/2024 57m2 N/A $280,000
ENTRY LEVEL NEWCASTLE CBD COMMERCIAL INVESTMENT

A rarely found price point commercial investment opportunity in the heart of Newcastle CBD.

• Strategically located ground floor retail / commercial space on Hunter St fronting Newcastle CBD's light rail route

• Close proximity to Newcastle Harbour, Foreshore and a diverse mix of bars, cafes and attractions

• Recently commenced 5 year lease term providing for $24,000 + GST gross annual income

• 57m²*

• Air conditioned

• Plumbing/drainage throughout permitting diverse future use potential

For Sale: $320,000


*Approximately

Newcastle Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $12000 --- ---
Retail $8320 --- ---
Offices $4710 $379 8.05%
This is the average advertised price, rent and yield for Newcastle, NSW 2300*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Email Agents
Tools
Print BrochureShare Property

  Ray White Commercial Newcastle

 

View Agency Profile

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
LOGIN (Existing Members)




Forgot your password?

Don't have an account? Register

×

REGISTER (New Members)

Already have a CPG account? Login

×
The Guide The Guide
Subscribe

Subscribe to our informative monthly guide, where we share news, views and tips about commercial property and the industry in which we specialise.

I am a... *

×

×
REGISTER (New Members)




Already have a CPG account? Login

×