E2/1 Honeysuckle Drive, Newcastle, NSW 2300

Retail

Sold Contact Agent

  • Property ID: 427658
  • Floor Area: 196m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 30/05/2023 196m2 N/A Contact Agent
INVESTMENT | HARBOUR LOCATION | RESTAURANT

This fully leased investment is separated from the waters edge by just meters. Featuring panoramic harbour views taking in Lee Wharf and Newcastle harbour north to Carrington. To the east is an uninterrupted view to Nobby's headland, the Pacific Ocean and beyond.

The inside seated area has a modern fit out, featuring ducted air conditioning, tiled floor, and modern commercial kitchen.

In addition, the rear section of the property has male & female amenities, freezer, cool room and (1) basement car space with storage.

The property currently generates $99,838.94 per annum net with a lease in place until 2026 with a further (5) year option. The tenant pays 100% of the outgoings.

This investment must be sold!

For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Alan Tonks immediately to become qualified and avoid disappointment.

Newcastle Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $12000 --- ---
Offices $4503 $394 8.76%
Retail --- $216 ---
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.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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.
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