- The property is ideally positioned on the north-eastern side of Hunter Street, strategically situated at the doorstep of Iris Capital's mixed-use redevelopment with Stage 1 well underway. Immediately surrounding the subject property is a dense mix of cafes, bars and restaurants as well as many well known retail outlets, essential services, banks, post office, public transport and parking.
- With a wide glazed shopfront and double doors to enter, the property also includes an existing fit out suitable for a range of serviced based businesses. A large reception and waiting area forms part of the fitout as well as three consulting rooms/offices, storage, admin space, a kitchen and bathrooms.
- Lettable area 173sqm*
- For Sale by Expressions of Interest.
- Rental - $39,000 per annum net (plus GST)
- Outgoings are payable in addition to the above rental, amounts to be confirmed. The Lessee will also be responsible for the Lessee's own business related operating expenses including, but not limited to, electricity, water usage, insurance, internal cleaning, telephones, air conditioning maintenance, etc.
*Approximate.
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 5,231 properties. Over the last 5 years, Houses in Newcastle have seen a 15.85% increase in median value, while Units have seen a 35.82% increase. As at 30 April 2026:
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