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Retail

39 Darby Street Newcastle, NSW 2300

Sold on 8 Mar 2017
  • Building: 450m²
Agents

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Retail in Newcastle

Versatile Opportunity

  • Building: 450m²

- Located opposite Civic Park

- 449m²* block zoned B4 Mixed Use.

- Floor space ratio is 2.5:1 with 14m height restriction

- Building area of 450m²* over 2 levels with a ground floor tenancy yielding $37,000 Gross pa

- Potential for large apartment and income or future re-development

Annual Outgoings Estimate
Council rates: $13,458*
Water rates: $2,033*
Insurance: $2,990*
Total: $18,481*

*Approximately

For Sale by Auction:
Wednesday 8 March 2017 at 6:30PM
In room 545 Hunter St Newcastle

Open for Inspection:
Monday: 11-11:30AM
Saturday: 9-9:30AM

Building:

450m²

Zone:

B4 Mixed Use

Water:

$2,033 Annually

Council:

$13,458 Annually

Investment Information

Tenancy Status:

Currently Vacant

Current Annual Nett Income:

$-15,491 *

Current Annual Total Outgoings:

$15,491 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

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