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Burgess Rawson is pleased to offer to the market, The Bayside Centre, a premium Large Format Retail Centre anchored by a new freestanding Hungry Jack’s, located at 10-16 Medcalf Street (Newcastle) NSW for sale via Expressions of Interest.
The property has the following key investment highlights:
+ Dominant large format retail centre, further enhanced by a newly constructed freestanding Hungry Jack’s with dual-lane drive-thru
+ Leases up to 10 years with options extending up to 2051
+ Hungry Jack’s: national fast food giant operating over 450 stores with 19,000+ employees
+ National Tiles Retail & Trade: a Nationally recognised retailer with over $215 million of revenue in 2024
+ Salvation Army Australia: 140+ year old ‘government funded’ retailer with over 400 stores nationally and an aggressive growth strategy
+ Anytime Fitness: world’s largest gym chain with over 5,200 clubs worldwide
+ Choices Flooring: Australia’s most progressive flooring retailer, with over 140 stores across the country
+ Koorong: Australia’s leading Christian community bookstore with stores in every state across Australia
+ Significant 12,674 sqm* corner freehold
+ High exposure to thousands of vehicles passing daily with 245 metres of dual street frontage to King Street and Medcalf Street
+ Future rental uplift with current below market rental rates
+ Strategically located opposite McDonald’s and in close proximity to KFC, Guzman y Gomez, Officeworks, The Good Guys, Autobarn, Petstock, Petbarn, Pillow Talk, Supercheap Auto and more
+ Prominently positioned on one of Newcastle’s busiest roundabout intersections, in the heart of one of NSW’s fastest-growing urban centres
+ Newcastle: key growth region that produces over $21 billion annually
+ Net Income: $1,161,231 pa* + GST
To be sold via Expression of Interest closing
3pm AEST Wednesday 21 May 2025
Remember to mention you found this property on CommercialReady
Burgess Rawson is pleased to offer to the market, The Bayside Centre, a premium Large Format Retail Centre anchored by a new freestanding Hungry Jack’s, located at 10-16 Medcalf Street (Newcastle) NSW for sale via Expressions of Interest.
The property has the following key investment highlights:
+ Dominant large format retail centre, further enhanced by a newly constructed freestanding Hungry Jack’s with dual-lane drive-thru
+ Leases up to 10 years with options extending up to 2051
+ Hungry Jack’s: national fast food giant operating over 450 stores with 19,000+ employees
+ National Tiles Retail & Trade: a Nationally recognised retailer with over $215 million of revenue in 2024
+ Salvation Army Australia: 140+ year old ‘government funded’ retailer with over 400 stores nationally and an aggressive growth strategy
+ Anytime Fitness: world’s largest gym chain with over 5,200 clubs worldwide
+ Choices Flooring: Australia’s most progressive flooring retailer, with over 140 stores across the country
+ Koorong: Australia’s leading Christian community bookstore with stores in every state across Australia
+ Significant 12,674 sqm* corner freehold
+ High exposure to thousands of vehicles passing daily with 245 metres of dual street frontage to King Street and Medcalf Street
+ Future rental uplift with current below market rental rates
+ Strategically located opposite McDonald’s and in close proximity to KFC, Guzman y Gomez, Officeworks, The Good Guys, Autobarn, Petstock, Petbarn, Pillow Talk, Supercheap Auto and more
+ Prominently positioned on one of Newcastle’s busiest roundabout intersections, in the heart of one of NSW’s fastest-growing urban centres
+ Newcastle: key growth region that produces over $21 billion annually
+ Net Income: $1,161,231 pa* + GST
To be sold via Expression of Interest closing
3pm AEST Wednesday 21 May 2025
Remember to mention you found this property on CommercialReady
10-16 Medcalf Street, Warners Bay, NSW, 2282
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