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275-279 King Street, Newcastle, NSW, 2300

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275-279 King Street, Newcastle, NSW, 2300

Newcastle

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275-279 King Street, Newcastle, NSW, 2300

Newcastle

SOLD
275-279 King Street, Newcastle, NSW, 2300

275-279 King Street, Newcastle, NSW, 2300

Properties / Sold / New South Wales / Newcastle
Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,248 m² (*approx)
Floor Area
1944 m² (*approx)
Property Type
Offices, Industrial
Sub-type
Office/Warehouse, Office Suites, Full Floor Office
Fully Leased
Commonwealth Government of Australia
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Renewed Lease to the Commonwealth Government
  • Net income $812,798* pa + GST
  • Future development upside (STCA)
  • 4-star NABERS Energy rating

100% leased to the Commonwealth Government of Australia until April 2026, 275-279 King Street comprises a two level freestanding building situated in Newcastle's cultural and education precinct of the CBD.

The property is positioned within close proximity to the University of Newcastle's inner city campus, the Civic light rail stop and the 5-star Crystalbrook Collection hotel “Kingsley” occupying the former Council Administration Centre.

- Net income $812,798* per annum plus GST

- Total site area of 1,248sqm*

- NLA 1,944sqm*

- Future development upside (STCA)

- Three street frontages

- Quality retail and commercial office space

- 4-star NABERS Energy rating

- Unused height and FSR

*Approximately

Remember to mention you found this property on CommercialReady

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275-279 King Street Investment Summary

Property Type
Offices, Industrial
Sub-type
Office/Warehouse, Office Suites, Full Floor Office
Number Of Tenants
1
Tenant
Commonwealth Government of Australia
Land Area
1,248 m² (*approx)
Floor Area
1944 m² (*approx)
Selling Method
EOI
Selling Details
Contact Agent

Investment Highlights

Renewed Lease to the Commonwealth Government
  • Net income $812,798* pa + GST
  • Future development upside (STCA)
  • 4-star NABERS Energy rating

100% leased to the Commonwealth Government of Australia until April 2026, 275-279 King Street comprises a two level freestanding building situated in Newcastle's cultural and education precinct of the CBD.

The property is positioned within close proximity to the University of Newcastle's inner city campus, the Civic light rail stop and the 5-star Crystalbrook Collection hotel “Kingsley” occupying the former Council Administration Centre.

- Net income $812,798* per annum plus GST

- Total site area of 1,248sqm*

- NLA 1,944sqm*

- Future development upside (STCA)

- Three street frontages

- Quality retail and commercial office space

- 4-star NABERS Energy rating

- Unused height and FSR

*Approximately

Remember to mention you found this property on CommercialReady

Read More

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275-279 King Street, Newcastle, NSW, 2300

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Property Location of 275-279 King Street, Newcastle, NSW, 2300

Property Map
275-279 King Street, Newcastle, NSW, 2300 Newcastle
Commercial Collective
Commercial Collective
10, Newcomen Street, Newcastle, Newcastle City Council, New South Wales, Australia, 2300
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