Retail / Office Opportunity - An Exceptional Shopfront CBD Location That is Simply Irresistible
This superb commercial property on the ground floor of the refurbished Colonial Mutual Life building has all the right ingredients for owner occupiers seeking a high-quality space to run their business. With approximately 116sqm of floor space, the corner location commands excellent exposure while also ensuring the interior benefits from an abundance of natural light.
Presently leased on a month to month basis, the property could suit an owner occupier. There is the option of purchasing by negotiation... [More]
Retail / Office Opportunity - An Exceptional Shopfront CBD Location That is Simply Irresistible
This superb commercial property on the ground floor of the refurbished Colonial Mutual Life building has all the right ingredients for owner occupiers seeking a high-quality space to run their business. With approximately 116sqm of floor space, the corner location commands excellent exposure while also ensuring the interior benefits from an abundance of natural light.
Presently leased on a month to month basis, the property could suit an owner occupier. There is the option of purchasing by negotiation the existing high quality bespoke fit out allowing you to simply move your business in without delay. Custom made for the homewares store and cafe that recently operated out of the shopfront, fixtures and fittings include; air conditioning, custom display cabinetry, stone countertops, a full kitchen, cooking vents and security cameras.
Positioned on the edge of a rejuvenated Hunter Street Mall less than 300m from the vibrant new East End precinct, this high foot traffic location is set amongst a vibrant array of retail stores, cafes, and fast-food retailers.
A blue-chip investment or superb place to run your business in an exceptional lifestyle precinct.
- CML building was completely refurbished into 28 apartments and two shopfronts in 2016
- 116sqm (approx) of air-conditioned floorspace plus bathroom facilities and basement storeroom
- Option to purchase by negotiation the high-quality bespoke retail and cafe fit out
- Presently leased month to month, can be available with vacant possession ready to occupy or rent out
- Current Gross income is $51,500 pa + GST
- 300m to Queens Wharf light rail stop
- 10-minute stroll to Nobbys or Newcastle beach and Honeysuckle and Entertainment Precinct
Outgoings:
Water: *$616 pa + usage
Council: *$1,472 pa
Strata: *$3,210 pa
*Approximates only
GST on Sale: The property is being sold 'as a going concern' for GST purposes. Both parties need to be registered for GST in this case. Please discuss your individual circumstances with your tax advisor.
Walkom Real Estate adhere to strict health & safety guidelines at all inspections.
For more about Graeme go to www.graemebrownlow.com.au
(We have obtained all information used in the preparation of this document from third party sources however, we cannot guarantee the accuracy or currency of this information. Prospective purchasers and their advisors are advised to carry out and rely their own enquiries and investigations in relation to the information in this document and the property it concerns. This document is provided for marketing purposes only, and does not constitute an offer by our agency or the vendor.) [Less]
