Sitting right in the middle of Newcastle’s busiest dining and...Read More→
Newcastle's Premier Commercial Real Estate Agency
For Sale by Expressions of Interest, closing Tuesday 15th December 2026 at 4PM (AEDT)
A fitted hospitality investment on Darby Street, Cooks Hill, leased to Beaches Cantina and returning $136,722.12 pa + GST net, with outgoings fully recovered. The property offers 140sqm* of internal area on a 232.32sqm* site, with a bar, commercial kitchen, indoor seating and a private courtyard. The lease runs to July 2028 with a further four year option and is supported by personal guarantees and a bank guarantee. Zoned MU1 Mixed use, it suits investors and self managed super funds seeking secure income in one of Newcastle's best known dining and retail precincts.
Key Features:
- Net passing income of $136,722.12 pa + GST
- Leased to Beaches Cantina
- Lease expiry July 2028, with a four year option
- Land area of 232.32sqm*
- Internal area of 140sqm*
- Bar, commercial kitchen, indoor seating and courtyard
- Zoned MU1 Mixed use
*Approximately
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