Newcastle West809-815 Hunter Street

Development Site or Investment

Building Area: 375m2(approx)

This Property consists of two separate titles with existing buildings in place but is being offered for sale with a well advanced development application for a mixed use apartment building.

* Current tenant mix includes 5 residential flats and 4 commercial shops.
* Net holding income approx $56,000 P.A.
* Architectural and concept plans available for the proposed development.
* The existing building could also be retained as a mixed use investment.
* Potential to increase annual yield by leasing the (2) commercial suites.

This property can also be purchased in combination with the neighbouring development site our agency is selling (799-805 Hunter St, Newcastle West)
The two sites combined give an approx total of 2003m2 of land, 4 separate titles and approx $200,000 net holding income.

Contact Agent

Jason Morris

Jason Morris

Raine & Horne Commercial

02 4915 3000

0425 302 778

Property Information

  • Street Address 809-815 Hunter Street
  • Type Commercial
  • Price $1,800,000
  • State NSW
  • Suburb Newcastle West
  • Property Type Offices
  • Land Size 483 m2
  • Building Size 375 m2

Location Map