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Auction Location: Commercial Collective HQ | 10 Newcomen Street, Newcastle
For Sale by Auction on Wednesday 19th November 2025 at 11am (online & in-room)
Offering a strong investment, leased to FoodWorks, one of Australia's largest independent supermarket groups, 2/38 Hannell Street generates $82,082* net income per annum + GST. With four years remaining on an eight-year lease, the 220sqm* tenancy includes a mezzanine, cool room, and four car spaces, providing secure, long-term returns with a nationally recognised operator.
- 220sqm* retail ground floor tenancy leased to FoodWorks, one of Australia's largest independent supermarket groups
- Four dedicated car spaces
- On-title sale, including packaged liquor licence and delivery class
- Secure lease: 8-year term with 2 x 7-year options
- 20sqm* mezzanine suitable for storage, office, or staff facilities
- Fully equipped cool room
- Grocery and liquor (bottle shop) sales
- Neat and professional presentation throughout
- Loading dock
- Large, prominent shop front with excellent exposure to passing traffic
- Strong signage opportunities
- Adjacent to state significant Honeysuckle HQ Project
- Part of Thirdi's Stella Apartment development
*Approximately
Remember to mention you found this property on CommercialReady
Auction Location: Commercial Collective HQ | 10 Newcomen Street, Newcastle
For Sale by Auction on Wednesday 19th November 2025 at 11am (online & in-room)
Offering a strong investment, leased to FoodWorks, one of Australia's largest independent supermarket groups, 2/38 Hannell Street generates $82,082* net income per annum + GST. With four years remaining on an eight-year lease, the 220sqm* tenancy includes a mezzanine, cool room, and four car spaces, providing secure, long-term returns with a nationally recognised operator.
- 220sqm* retail ground floor tenancy leased to FoodWorks, one of Australia's largest independent supermarket groups
- Four dedicated car spaces
- On-title sale, including packaged liquor licence and delivery class
- Secure lease: 8-year term with 2 x 7-year options
- 20sqm* mezzanine suitable for storage, office, or staff facilities
- Fully equipped cool room
- Grocery and liquor (bottle shop) sales
- Neat and professional presentation throughout
- Loading dock
- Large, prominent shop front with excellent exposure to passing traffic
- Strong signage opportunities
- Adjacent to state significant Honeysuckle HQ Project
- Part of Thirdi's Stella Apartment development
*Approximately
Remember to mention you found this property on CommercialReady
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