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135-149 King Street Newcastle, NSW 2300

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135-149 King Street,
Newcastle, NSW 2300

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Price information

Sale

Please contact agent

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$792,040
Number of Tenants
4 Tenants

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Map of 135-149 King Street

Directions
  • Train stations within 5 km of 135-149 King Street, Newcastle, NSW 2300Distance
    Newcastle Interchange1.8 km
    Hamilton Station2.9 km
    Broadmeadow Station4 km
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  • Bus stops within 5 km of 135-149 King Street, Newcastle, NSW 2300Distance
    King St at Brown St62 m
    King St at Perkins St106 m
    King St Before Darby St156 m
    King St at Wolfe St216 m
    Tyrrell St After Perkins St232 m
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Mixed-use value-add opportunity

  • Passing net income of $792,040 pa + GST
  • Underdeveloped East End site
  • Existing 85 space car park
A rare chance to secure a large footprint in the East End of the Newcastle CBD, with enormous potential for value add, adaptive reuse and complete redevelopment.

The four contiguous holdings combine to provide a generational land holding of 4,519 square metres* in Newcastle’s premier lifestyle precinct, with extensive improvements that offer multiple adaptive reuse opportunities. The four properties can be purchased individually or in-one-line.

Combine 135-141 King Street and utilise excess FSR and height to complete a mixed-use development, leveraging the prime Newcastle East location. The combination of all sites ensures parking provisions to each building.

For Sale by Expressions of Interest l For more information, please call Colliers exclusive selling agents.

*Approximate

Property ID: 504331620Last Updated: 9 Sep 2024

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135-149 King Street
Newcastle, NSW 2300
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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