Level 1 & 2 384 Hunter Street, Newcastle NSW 2300

Levels 1 & 2 at 384 Hunter Street, Newcastle presents a unique opportunity for both investors or an owner occupier wanting to operate and capitalise on an additional income stream. Level 1 is currently leased to international mining consultants, Palaris with operations spanning across Australia, South Africa, United Kingdom and Canada. They have recently signed a new three (3) year x three (3) year lease generating an annual income of $171,922* net per annum plus GST.

Level 2 consists of a 550sqm* fully fitted and furnished turn key tenancy, currently operating as serviced offices on flexible short term and month to month leases. The tenancy has the option to continue to rent out the remaining spaces, or has the ability for an owner occupier to operate their business and benefit from the additional income stream from Level 1. Level 2 has an exceptional fitout insitu complete with work stations, private offices, boardrooms, full kitchen and multiple breakout areas.

Situated in the heart of Newcastle the property enjoys close proximity to key amenities and public transport including Newcastle Light Rail, Newcastle University, Honeysuckle precinct, top restaurants and bars and specialty retail outlets. It also benefits from numerous nearby parking options such as Argyle Street carpark, Wright Lane carpark & DOMA's newly developed carpark that runs along the back of the site.

Ket Features include:
- Combined floor area of 1,100sqm*
- Level 1 leased for $171,922* net per annum plus GST
- Level 1 leased to international mining consultants, Palaris
- Level 2 fully fitted with option to lease or occupy
- Close proximity to surrounding transport and key amenities
- Nearby parking options available

*Approximately