NEWCASTLE_The Dockyard

Description

Prime freehold investment opportunity leased to “The Dockyard’ – an iconic pub and food venue located right on Newcastle’s harbour front.
New 5 year lease with options until 2034 (3 x 5 years).
Strong 3% annual rental increases.
Comprises two contiguous strata lots with three valuable on site car parks on title.
Renowned as the prime corner position within the development and highly exposed to major traffic thoroughfare.
Capitalise on the emerging Honeysuckle precinct and strong 8 year trading history.
Net Income: $375,000 pa + GST.

For Sale by Private Treaty

Darren Beehag 0411 226 223

CO-AGENT – COLLIERS NEWCASTLE
Adam Leacy 0421 613 160

Do you own a similar property?

Enquire

Contact agents
Stephen Lovison
Enquiry Form

NEWCASTLE, NSW

1 1 Honeysuckle Drive

  • Sold Price: Contact Agent
Contact agents
  • Stephen Lovison
Enquire