Level 1 384 Hunter Street, Newcastle NSW 2300

New Lease to International Mining Consultant with 7.8% Yield

Level 1 at 384 Hunter Street, Newcastle presents a unique opportunity for investors. 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.

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.

Key Features include:
- Net lettable area of 550sqm*
- Level 1 leased for $171,922* net per annum plus GST
- Level 1 leased to international mining consultants, Palaris
- Close proximity to surrounding transport and key amenities
- Nearby parking options available

*Approximately