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98-100 Maitland Road, Islington, NSW 2296

98-100 Maitland Road, Islington, NSW 2296

Retail

  • Sold Contact Agent
  • Fri 09-Apr-21

Retail investment with brand new five year lease

  • Commencing net rent $52,000 pa + GST
  • Fixed annual increases
  • Proven local hospitality operator

  • Land Area
  • 202.00 m² (approx)
  • Floor Area
  • 148 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 13, 2021
  • Zoning
  • B2 Local Centre

Interested in this property? Contact an Agent today

Colliers - Newcastle

Ground Floor, 18 Honeysuckle Drive

Newcastle NSW 2300

Luke Rutledge
Michael Chapman

Retail investment with brand new five year lease

The property occupies a prominent position within the heart of the gentrifying Islington/Hamilton lifestyle village. The properties comprise two single storey commercial buildings on the corner of Maitland Road and Daniel Street.

On two separate titles, the properties boast a brand new five year lease to Pino’s Restaurant, a local institution with an unrivalled local following. The Lessee is in the process of renovating and expanding their current operation into 100 Maitland Road.

For Sale by Public Auction | Thursday 25 March 2021 at 10.30am
Ground Floor, 18 Honeysuckle Drive, Newcastle


*Approximate

98-100 Maitland Road, Islington, NSW 2296

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