27 Rutherford St
Newcastle Upon Tyne NE4 5DP
Hadrian's Tower · Multifamily Property For Sale
·
159 Units
INVESTMENT HIGHLIGHTS
- Top floor retail space
- 26-storey development
- Situated in Newcastle city centre
EXECUTIVE SUMMARY
Hadrian’s Tower is located on Rutherford Street, in the west of Newcastle city centre. The area immediately surrounding the property comprises a mix of residential and commercial use, including the Newcastle University Business School (0.3 mile) and St James Park stadium (0.3 mile).
The building comprises 159 luxury apartment within Newcastle city centre, with a top floor commercial space being operated by 3SIXTY Champagne Lounge totaling 4,000 sq ft.
The building comprises 159 luxury apartment within Newcastle city centre, with a top floor commercial space being operated by 3SIXTY Champagne Lounge totaling 4,000 sq ft.
PROPERTY FACTS
| Price Per Unit | £91,824 |
| Sale Type | Investment |
| Net Initial Yield | 6.52% |
| Sale Condition | Bankruptcy Sale |
| Tenure | Freehold |
| No. Units | 159 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Building Size | 209,560 SF |
| Number of Floors | 26 |
| Year Built | 2020 |
UNIT AMENITIES
- Kitchen
- Intercom
SITE AMENITIES
- 24 Hour Access
- Roof Terrace
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 93 | - | - |
| 2+1 | 64 | - | - |
| 3+2 | 2 | - | - |
