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Properties For Sale found in NEWCASTLE, NSW 2300

COMMERCIAL FREEHOLD PROPERTY, BUSINESS AND RESIDENCE – SELLI...

Retail

This is an excellent opportunity to purchase a commercial property with freehold business in the Catering Industry.
THE FREEHOLD:-
FREEHOLD TITLE situated in Brunker Street, a popular street for both commercial and residential properties. The site has a frontage of 11.1 metres and a total area of 354m2. It is on a major bus route and close to Broadmeadow train station. The surrounding development in the area is predominately commercial. It consists of:-
* The Business Building (Production Kitchen)– Brick construction
* 2 bedroom residence with kitchen, bathroom, sunroom, laundry and rear yard
* Large storeroom/garage for 4 cars
* Land Size of 354m2
* Zoning: Multiple Use
THE BUSINESS:-
This award winning business is INCLUDED in the sale price. HotRock Events and catering is Newcastle’s most enduring and respected catering business. Established now for 12 years, this catering service business specialises in weddings, corporate events, conferences, seminars and product presentations for their clients.
The business is fully equipped with commercial kitchen. A full list can be provided to genuine interested parties. Also available is a full information pack including financials.
YOUR OPTIONS AFTER PURCHASE:-
Your return on investment from the lease: A total of$51,780K. (The kitchen: returning $30,000 the residence returning $17k)
Keep the business and continue to run it as an owner occupier, or:
Sell the business component leaving the commercial property asset with a good return.
Possible future development opportunities may exist (Council approval required).
Also note: The liquor license comes with the purchase
No matter which way you look at it, this all-in-one commercial opportunity should not be missed. Enquire today.
Phone enquiries - please quote property ID 18721

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Price: $1,100,000 - $1,200,000    Building: 354m²    Occupancy: Vacant

GROUND FLOOR OFFICE WITH PARKING

Offices

This ground floor strata title office is situated in the heart of the CBD and is available for sale or for lease.
355m2 floor space (freshly painted)
(2) car parks included
Ducted air conditioning
Public transport and parking station nearby
This property is located in a commanding position and is less than 500 metres to some of the cities major landmark buildings including Newcastle City Council, University city campus, law courts, NDIS, Telstra and RMS buildings.

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Price/Rent: Sale $1,295,000 (+ GST if applic) or Lease $113,00    Building: 355m²    Occupancy: Vacant

Properties located in the surrounding suburbs

LANDMARK CORNER LOCATION

Retail

This iconic property has served as a Newcastle institution operating as the family run licensed restaurant 'Arrivederci'.
Occupying pride of place in one of the cities most sought after and tightly held locations this offering represents a rare opportunity.
- Site area 310m²*
- Gross building area 198m²*
- Exceptional adaptive potential
- Vacant possession
*Approximately
For Sale by Auction: Saturday 16th December 2017, 10:30am on-site

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Price: Auction: Saturday 16th December 2017, 10;30am    Building: 198m²    Land: 310m²

INVESTMENT OPPORTUNITY

Offices

Building: 196m2
This modern strata unit was built in 2008 and includes a ground floor warehouse with office above. It is lease to a building company who have been in occupancy since 2015 and have recently committed to a new 3+3 year lease.
* Net return approximately $42,500 per annum
* Ground floor office warehouse approx 78m2
* First floor office with ducted air conditioning approx 118m2
* Amenities and kitchenette on both floors
* (3) car parks + loading bay included
These units offer great investment opportunity as they were built with the ability to be spot into two tenancies.
The on-site parking included is also a major attraction.

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Price: $710,000 (sold as a going concern)    Building: 196m²    Land: 240m²    Occupancy: Vacant


INVESTMENT SALE

Offices

This prominent street facing unit is part of a complex of 8 and has a current net return of approx $47,500 per annum.
* Currently lease is place expires August 2020
* Built in 2008
* Ground floor warehouse 78m2 and first floor office 118m2
* 3 car parks and a loading bay included
This is the last street front unit available in this complex.
An easily managed property which has low overhead and is just 5 minutes from Newcastle CBD.

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Price: $770,000 (sold as a going concern)    Building: 196m²    Land: 1816m²    Occupancy: Vacant

OWNER OCCUPY OR INVESTMENT

Offices

This strata unit is currently split into two suites and has existing tenants, both of which are on expired leases. This is an opportunity to either negotiate a new lease with the current tenants or owner occupy.
Ground floor warehouse 89m2 (currently leased to an electrician)
First floor office 132m2 with ducted air conditioning
(currently leased to an I.T tenant)
Current net income approx $43,500 per annum
(3)car parks + loading bay on title
Separate amenities and kitchenette on each floor
This unit is the largest unit in the complex of 8 which were constructed in 2008. Located just 5 minutes drive from Newcastle CBD in the booming suburb of Wickham.

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Price: $750,000 (Sold as a going concern)    Building: 221m²    Occupancy: Vacant

SUBURB PRICE GUIDE

Suburb Summary - Newcastle, NSW 2300

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $3648 $364 9.97%
Retail $2825 $312 11.05%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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