80 Darby Street Cooks Hill NSW 2300

Shop & Retail
263 m²
Sold

Mixed-use investment opportunity with dual income

Net Income $91,213* pa (plus GST)
Site area 273m²*
Dual income streams

Occupying a prime position in Newcastle's busiest retail, dining and entertainment precinct, the property is surrounded by boutique retail operators, cafes and restaurants, as well as commercial occupiers.

The subject property comprises a spacious, 2-storey, 263 square metre* mixed-use building, erected on a 273 square metre* block. The property is 100% leased to two tenants being Coco Mondé Chocolateria on the ground floor with three years* remaining on the lease and a residential occupier upstairs in a spacious three bedroom apartment.

Both the retail and residential spaces are returning a combined net income of $91,213* per annum (plus GST).

For Sale by Public Auction | Thursday 3 August 2023 at 10:30am (AEST).
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

*Approximate

AUCTION

Auction date and time	03/08/2023 10:30
Auction location	Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300

Colliers Newcastle

Ground Floor, 18 Honeysuckle Drive

Newcastle, NSW 2300

Property Highlights

Date Sold	1 Aug 2023
Floor Area	263 m²
Land Area	273 m²
Parking	Ask Agent
Property ID	2018597437
Category	Shop & Retail
Last updated	6 Aug 2023

Map for 80 Darby Street Cooks Hill NSW 2300

Nearest transport* to 80 Darby Street Cooks Hill NSW 2300

Bus

Train

Tram

Ferry

Newcastle Art Gallery, Darby St	85 m
Darby St before Bull St	241 m
University House, King St	253 m
King St after Auckland St	287 m

*Within a 4km radius

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Colliers Newcastle

Ground Floor, 18 Honeysuckle Drive

Newcastle, NSW 2300

Property Highlights

Date Sold	1 Aug 2023
Floor Area	263 m²
Land Area	273 m²
Parking	Ask Agent
Property ID	2018597437
Category	Shop & Retail
Last updated	6 Aug 2023

Co-Agents

Colliers Newcastle

Colliers Newcastle

More about 80 Darby Street Cooks Hill NSW 2300

80 Darby Street Cooks Hill NSW 2300 is categorized as Shop & Retail Property. It has a floor area of 263 m² and a land area of 273 m². The listing ID for this property is 2018597437.