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184-202 King Street, Newcastle, NSW, 2300
Tenanted Investment

Property Highlights

Fully leased CBD investment with ASX listed tenant
  • Diversified tenancy profile
  • Leased by ASX listed & national retailer
  • 100% freehold inc 18 serviced apartments

Knight Frank is pleased to introduce 184-202 King Street, Newcastle to the market For Sale.

The offering consists of a fully leased mixed-use investment providing diversification for investors through a mixed-use tenancy profile anchored by a 10 year lease to ASX listed Alloggio for serviced residential accommodation.

Key highlights:

- 10 year lease + 5 year option to ASX listed Alloggio

- New 5 year lease + 5 year option to national retailer Maniax

- Combined net income of $371,935* per annum excluding GST

- Rental increases consist of the greater of 3% fixed or CPI, or fixed 3%

- Two level freehold commercial building featuring 18 modern self-contained apartments and ground floor retail with wide street frontage

- Superbly located in the central CBD, within Newcastle’s premier dining precinct

Please contact the listing agent Brent Sinclair for more information or to arrange an inspection.


Remember to mention you found this property on CommercialReady

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
184-202 King Street, Newcastle, NSW, 2300
STEP 03 Contact a finance professional

Map: 184-202 King Street, Newcastle, NSW, 2300

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