R2-3937277-Newcastle-2024-03-11-134622 FOR SALE
R2-3937277-Newcastle-2024-03-11-134622-1
R2-3937277-Newcastle-2024-03-11-134622-2
R2-3937277-Newcastle-2024-03-11-134622 FOR SALE
R2-3937277-Newcastle-2024-03-11-134622-1 FOR SALE
R2-3937277-Newcastle-2024-03-11-134622-2 FOR SALE

450-454 Hunter Street, Newcastle NSW 2300

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Area
  • Building Area is 1,449 m²
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    450-454 Hunter Street, Newcastle is a 6-storey commercial building leased to Helloworld Travel Agency. With a 10 year lease with an option to renew for a further 10 years, Helloworld occupy the total gross floor area of 1,449sqm* across 6 stories.

    Helloworld, a renowned travel agency, initiated their tenure with a ten-year lease agreement in August 2017, with an option to extend for an additional 10 years commencing in August 2027. The property generates a substantial net rent of $435,189.24* per annum + GST, with a 3% annual increase effective from 1 August 2024.

    Positioned on Newcastle's highly exposed Hunter Street, the property had a recent evaluation of the building's energy efficiency which concluded a 5-star NABERS Energy rating.

    - Fully leased to Hunter Travel Group Pty Ltd trading as Helloworld
    - Lease Term 10 years x 10 years
    - Returning net income $435,189.24 per annum plus GST
    - Tenant pays 100% of outgoings
    - Outgoings estimated at $55,063.39* per annum
    - Gross floor area of 1,449sqm*
    - Zoned E2 Commercial Centre
    - 5-star NABERS Energy rating

    *Approximately

    • 100% Occupancy
    • Lease Term 10 years x 10 years
    • 5-star NABERS Energy rating

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