Commanding Newcastle Freehold Anchored by Chemist Warehouse

Description

Burgess Rawson from CBRE are pleased to offer to market the Chemist Warehouse anchored freehold located at 60 Beaumont Street (corner Cleary Street), Hamilton (Newcastle) NSW via National Portfolio Auction 181.

This property has the following key investment highlights:

+ Anchored by renewed Five (5) year lease to Nov 2030 to Chemist Warehouse plus option to 2035.
+ Chemist Warehouse: wholly owned by ASX listed Sigma Healthcare with current market cap of $35.96 Billion. (1)
+ Commanding 1,146sqm* two level building incorporating Chemist Warehouse, law firm and advisory.
+ Proven location with strong occupancy history.
+ Majority net lease terms with tenants paying all usual outgoings as per leases.
+ Guaranteed income growth via fixed 3% & 4% annual rent increases.
+ High profile 613sqm* corner landholding with 70 metre* triple street frontage.
+ Desirable site in heart of Hamilton’s premier retail strip with future development upside STCA.
+ Situated amongst IGA supermarket, Australia Post, Guzman Y Gomez, Zambrero and all major banks.
+ Only 300 metres* from Hamilton train station.
+ Newcastle: booming city with 175,000+ retail trade catchment.
+ Net Income: $310,164pa* + GST

For Sale via Investment Portfolio Auction 181
10:30am AEDT Tuesday 9 December 2025
Sydney Opera House

*Approx
1. ASX

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Contact agents
Beau Coulter Partner
0413 839 898
Geoff Sinclair Director
0451 462 759
Luke Easton Sales Cadet
0472 546 001
Enquiry Form

Hamilton, NSW

60 Beaumont Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 181

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