For Sale

FLEXIBLE CBD OFFICE - PRICED TO SELL!

$795,000

Suites 1 & 2, Level 1 / 460 Hunter Street, Newcastle

Description

Secure over 240m² of commercial office space in the heart of Newcastle's CBD for under $800,000!

Positioned on the first floor of a well maintained commercial building, the property enjoys a prominent location directly opposite the University of Newcastle's NUspace campus and the Newcastle Law Courts, while being just a short walk to Civic Light Rail, Honeysuckle and the Harbour foreshore.

Comprising two separate office suites of approximately 79m² and 145m², the property offers exceptional flexibility. Occupy one suite and lease the other for additional income, occupy the entire floor, or lease both suites as an investment.

The building has recently undergone upgrades, including the installation of two new lifts, enhancing accessibility and convenience for occupiers and visitors alike.

Based on comparable tenancies within the building, the property has the potential to achieve a rental return in the range of $54,000 to $60,000 per annum (plus outgoings and GST).

Whether you're looking to establish your business in Newcastle's thriving CBD or secure a well located commercial investment with future flexibility, this property represents outstanding value.