34-36 Hunter Street, Newcastle NSW 2300

This well known Newcastle building and business has come onto the market and will be sold freehold with the business fixtures and building all as one parcel.

Since 1998 this property has been used as a 48 bed registered backpackers and has operated successfully for the past 17 years. The business fixtures will form part of the sale allowing for a smooth change over and continued success of such an iconic business.

Built in 1922, there are four levels plus a large basement and attic area giving six useable levels in total. Past usage was as an optometrist and residence for many years. Having three strata lot entitlements and zoned B4 mixed use zoning, this would allow for various uses subject to Newcastle City Council.

Dual street exposure gives this property its prominence with level street access to the shop area and additional side access from Hunter Street with stair access to all levels.

From the top levels there are extensive views north to the harbour entrance and along Stockton Beach.

All strata levels have full bathroom facilities, rooms are used as accommodation with bunk share rooms and double rooms also available.

Basement facilities include three bathrooms, common sitting area and office, the shop level has full commercial cooking facilities with reception and a general sitting room.

Positioned opposite Pacific Park and the East End Cafe district with direct access to Newcastle Beach makes this one of Newcastle's best addresses with commercial and residential options.

For more details on this unique property contact exclusive listing agent Allen Reece on 02 4950 2025.

View the Newcastle Herald article on the property at; http://www.theherald.com.au/story/3055191/endless-possibilities-for-buyer/