THE HALL-MARK OF A STRATEGIC RETAIL ASSET.
17 Hall Street, Newport VIC 3015
Contact Agent
RetailSize: n/a
Block size: 382 m² approx.
POINT OF INTEREST:
This wonderful retail freehold title features a marquee position right out the front of Newport railway station. To be sold with a new 3 year lease in place with the current retail café tenant, Heart Of Hall at $65,000 per annum and a vacant 1st floor office with anticipated rental of $30,000 per annum. Bringing the combined anticipated lease income to $95,000 annually.
With a total building area of 300 sqm*, the property’s ground floor retail space is currently fitted out as a large hospitality venue. A further 110 sqm* is upstairs on the first floor for office users or a potential residential offering. The building also has rear right-of-way access and parking for two cars.
The 382 sqm* of Newport land sits on Commercial 1 zoning, lending itself to future development potential whilst sitting directly across from the Newport railway station and amongst the suburb’s retail and hospitality hot spots.
Anchored by The Junction Hotel next door, the strip sees a full house from 5 pm on Fridays, Saturdays and Sundays. Littered with a string of barbers, beauty therapists, hair salons, local wine stores, and yoga studios, Hall Street is the destination meeting point, while Newport is a busier-than-the-standard railway station thanks to the Werribee and Williamstown lines.
- Total building area: 300 sqm*.
- Freehold title: 382 sqm* of commercial 1 zoning.
- Exceptional & valuable ground-floor fit out as a hospitality premise (all hard fixtures to stay).
- New 3-year lease on the ground floor at $65,000 per annum. Vacant 110 sqm* first floor office.
- Total anticipated income: $95,000 per annum.
- 3 allocated car spaces at the rear with right-of-way access.
- 2 km* to the West Gate Freeway.
POINT OF VIEW:
A building catching glances from train commuters heading to and from the station, and those looking out the carriage window. This prime freehold title actually holds the title for the most strategic retail asset in the West.
*Approx.
Pricing excludes GST
This wonderful retail freehold title features a marquee position right out the front of Newport railway station. To be sold with a new 3 year lease in place with the current retail café tenant, Heart Of Hall at $65,000 per annum and a vacant 1st floor office with anticipated rental of $30,000 per annum. Bringing the combined anticipated lease income to $95,000 annually.
With a total building area of 300 sqm*, the property’s ground floor retail space is currently fitted out as a large hospitality venue. A further 110 sqm* is upstairs on the first floor for office users or a potential residential offering. The building also has rear right-of-way access and parking for two cars.
The 382 sqm* of Newport land sits on Commercial 1 zoning, lending itself to future development potential whilst sitting directly across from the Newport railway station and amongst the suburb’s retail and hospitality hot spots.
Anchored by The Junction Hotel next door, the strip sees a full house from 5 pm on Fridays, Saturdays and Sundays. Littered with a string of barbers, beauty therapists, hair salons, local wine stores, and yoga studios, Hall Street is the destination meeting point, while Newport is a busier-than-the-standard railway station thanks to the Werribee and Williamstown lines.
- Total building area: 300 sqm*.
- Freehold title: 382 sqm* of commercial 1 zoning.
- Exceptional & valuable ground-floor fit out as a hospitality premise (all hard fixtures to stay).
- New 3-year lease on the ground floor at $65,000 per annum. Vacant 110 sqm* first floor office.
- Total anticipated income: $95,000 per annum.
- 3 allocated car spaces at the rear with right-of-way access.
- 2 km* to the West Gate Freeway.
POINT OF VIEW:
A building catching glances from train commuters heading to and from the station, and those looking out the carriage window. This prime freehold title actually holds the title for the most strategic retail asset in the West.
*Approx.
Pricing excludes GST
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact John Nockles to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Retail
Block Size:
382 m²*
Other Details
Lot:
4
Plan:
LP25838
Legal description:
4\LP25838
Maps and area information
Block information
Block size: 382m² (approx)
Legal description: 4\LP25838
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
31 Oct 2016
Sold
Compton Green
Listed: 08/09/2016
Block size: 325m²
Transfer type: Full transfer
Newport suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
13,658
Listing ID: 182524738. This listing has been viewed 0 times. It was first displayed on 15/05/2024 and last updated on 18/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.