An exceptional opportunity to secure a tightly held, Torrens Title terrace in the heart of Newcastle City, which offers a unique blend of historic character and long standing investment yield.

The building features a mix of commercial and residential accommodation. The two ground-floor commercial suites currently operate as one tenancy; leased long term to well know hair dressing firm Crysalis.

Above, two spacious 2 bedroom apartments provide city side residential living, each filled with natural light and retaining charming period details.

Key Features:

• Ground-floor commercial tenancy with strong street presence, leased until September 2029
• Two x 2 bedroom residential apartments, both of which are two storey with a bedroom on each level and are fully leased
• (4) on site car parks accessed via the rear lane
• Current combined net income $93,873 per annum

Located in the thriving Newcastle CBD, surrounded by cafes, restaurants, offices and transport and with huge potential for rental reversion upside.