199-201 Hunter Street offers an outstanding opportunity for an investor or owner-occupier with this 444sqm* quality office building suitable for retail or commercial use.
The property is currently tenanted by Aware Super on a 10 year lease ending in December 2025. The property generates an income of $204,615 net per annum plus GST with a further 5 year option to extend.
The property benefits from unrivalled lifestyle amenity, being positioned within walking distance to Newcastle Beach, cycleways, cafes, restaurants, bars, shopping, public transport and the Newcastle CBD.
Key features include:
- Net rental of $204,615 net per annum plus GST
- 10 year lease to Aware Super with further 5 year option
- Three storey commercial building
- 10m* frontage to Hunter Street
- Total building area of 444.4sqm*
- Adjacent Newcastle Harbour Foreshore
*Approximately