199-201 Hunter StreetNewcastle NSW 2300
Property Details for 199-201 Hunter St, Newcastle
Last Listing description (September 2023)
For Sale by Expressions of Interest closing Thursday 21 September at 4pm
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
Property History for 199-201 Hunter St, Newcastle, NSW 2300
- 12 May 2025Sold for $2,200,000
- 10 Dec 2021Listed for Rent - Price not available
- 26 Oct 2021Listed for Sale Contact Agent
Recent sales nearby
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About Newcastle 2300
The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.
Newcastle has 5,177 properties.
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