5/185 Darby Street
Cooks Hill


Contact agent for details

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Property Features


Property ID: 3147605

Council Rates
$1016 per year
Water Rates
$684 per year
Strata Levy
$3094 per year
Building Size
66 m2

Solid Investment, High Profile Tenant and Blue-Chip Location


Presenting an exceptional trophy retail asset nestled in a blue-chip Darby Street location amidst the city's most iconic cafes, wine bars, and bespoke retail outlets. Comprising of a 66m2 retail space with enviable 18m2 car space, this superb opportunity is offered with a stunning fit-out and high-profile tenant wanting to stay long term and currently under a five year lease until January 2018 with a five year option. Returning a solid rental income of $27,000 per annum and with the use of a separate lock-up wc within the prestigious Darby Apartments, this is a rare opportunity to secure a hassle-free investment within one of Newcastle's highest growing suburbs.

* Extremely rare retail offering in one of Newcastle's highest growth suburbs.
* Unbeatable Darby Street location set amidst vibrant cafes and bespoke retail outlets.
* Superb tenant wanting to stay long term.
* Solid return of $27,000 per annum.
* High-profile tenant currently under a five year lease until January 2018 with a five year option.
* Shop size is 66m2 plus 18m2 car park = a total of 84m2.
* Full use of a separate lock-up wc located within the prestigious Darby Apartments.
* Brilliant hassle-free investment.

Council Rates: $1,016 PA approx
Water Rates: $684 + Usage PA approx
Strata Levies: $3,094 PA approx