FOR SALE
$95,000

98 Elder Street
Newcastle NSW 2300

Bedrooms: -
Bathrooms: -
Car spaces: -
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Long Established Mini Mart Retail Shop In Prime Location

"New to the market is this long established icon (over 80 years) mini mart shop that specializes in fresh fruit and vegetables and is located in a hugely popular suburb of Newcastle.
The store is truly unique selling quality fruit and vegetables and small goods. The stores emphasis is on quality, and where possible, locally sourced/produced goods: fruit and vegetables, eggs, bread, and dairy products. Also boasts a small sandwich/wrap bar that are made to order from the fresh ingredients in store.
The business is ideally situated on the high street shopping strip of this highly density residential area, close to an array of other successful retail shops, cafes and local pubs, clubs, allowing it to capitalize on every season.
The business includes the following:
- large cool room
- great variety of products on sale
- current equipment (multiple fridges/freezers, juicers, sandwich pressers etc.) & total asset value approximately $35,000
- high degree of foot traffic passing every day
- already established & systemised business for ease of operation
- rear lane access for deliveries and car parking available
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Property Details for 98 Elder Street, Newcastle

Building Type
Commercial

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About Newcastle 2300

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 4,963 properties.

    There are currently 30 properties listed for sale, and 20 properties listed for rent in Newcastle on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Newcastle.

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    Raine & Horne Commercial New Castle
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