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275-279 King Street, Newcastle, NSW, 2300

2. Property 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

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3. Property Location

275-279 King Street, Newcastle, NSW, 2300

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4. Due Diligence

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  • Surrounding Amenity
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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