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212 King Street, Newcastle, NSW, 2300

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212 King Street, Newcastle, NSW, 2300

Newcastle

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212 King Street, Newcastle, NSW, 2300
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212 King Street, Newcastle, NSW, 2300

Newcastle

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212 King Street, Newcastle, NSW, 2300

212 King Street, Newcastle, NSW, 2300

Properties / Buy / New South Wales / Newcastle
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agents
Land Area
526 m² (*approx)
Floor Area
725 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$232,000 p/a
Fully Leased
Ginger Megs
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Secure Investment with 7 year lease

Renowned Newcastle hospitality venue "Ginger Megs" has been a long-standing occupant of this property since 2017 which is now being offered for sale with a secure lease in place.

Originally a theatre building, the premises underwent a high-quality, state-of-the-art transformation upon the tenant's occupation, creating the vibrant, modern restaurant it is today. The result is a striking hospitality asset with strong street presence and excellent functionality.

Key Features:

- Architecturally unique bar and restaurant fit-out across two expansive levels

- Lift access to the first floor

- Strong net income of $232,000 per annum

- Outgoings paid by the tenant

- Secure lease structure: 7 + 5 + 5 years commenced 15 July 2026

The property is backed by an experienced hospitality group, also responsible for other well-known Newcastle venues including "Surfhouse" and "Parry Street Garage", further underpinning tenant strength.

Positioned in the heart of the Newcastle CBD, the asset sits within a thriving hospitality precinct surrounded by popular venues such as The Lucky, Light Years, Meet, Foghorn and the George Darby Hotel.

This is a true "set and forget" investment opportunity, combining a premium hospitality fit-out, proven operator, and strong lease in one of Newcastle's most tightly held locations.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

212 King Street Investment Summary

Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$232,000 p/a
Tenant
Ginger Megs
Land Area
526 m² (*approx)
Floor Area
725 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Gain Access
Auction Date
7 Oct 2026 06:00PM
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Selling Details
Contact Agents

Investment Highlights

Secure Investment with 7 year lease

Renowned Newcastle hospitality venue "Ginger Megs" has been a long-standing occupant of this property since 2017 which is now being offered for sale with a secure lease in place.

Originally a theatre building, the premises underwent a high-quality, state-of-the-art transformation upon the tenant's occupation, creating the vibrant, modern restaurant it is today. The result is a striking hospitality asset with strong street presence and excellent functionality.

Key Features:

- Architecturally unique bar and restaurant fit-out across two expansive levels

- Lift access to the first floor

- Strong net income of $232,000 per annum

- Outgoings paid by the tenant

- Secure lease structure: 7 + 5 + 5 years commenced 15 July 2026

The property is backed by an experienced hospitality group, also responsible for other well-known Newcastle venues including "Surfhouse" and "Parry Street Garage", further underpinning tenant strength.

Positioned in the heart of the Newcastle CBD, the asset sits within a thriving hospitality precinct surrounded by popular venues such as The Lucky, Light Years, Meet, Foghorn and the George Darby Hotel.

This is a true "set and forget" investment opportunity, combining a premium hospitality fit-out, proven operator, and strong lease in one of Newcastle's most tightly held locations.

Remember to mention you found this property on CommercialReady

Read More
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Supporting Information

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Tenanted Investment
Jason Morris
Jason Morris
+61 *** *** *** show +61 425 302 778
Message
+61 425 302 778 [email protected] Message
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Jason Morris
Jason Morris
+61 *** *** *** show +61 425 302 778
Message
+61 425 302 778 [email protected] Message

Property Location of 212 King Street, Newcastle, NSW, 2300

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Newcastle Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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212 King Street, Newcastle, NSW, 2300

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212 King Street, Newcastle, NSW, 2300 Newcastle
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MOVABLE
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92-94 Darby Street, Cooks Hill, NSW, 2300
Jason Morris
Jason Morris
+61 *** *** *** show +61 425 302 778
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