17 National Park Street,
Newcastle, NSW 2300

The subject property is located on the eastern side of National Park Street between Hunter and King Street, Newcastle. The property benefits from unrivalled lifestyle amenity positioned within walking distance to the harbour foreshore, the University of Newcastle, cycleways, cafés, restaurants, bars, shopping, public transport and the Newcastle CBD. The property comprises a free standing Torrens title brick and metal roof building, currently utilised for the Newcastle Leagues Club and Newcastle Rugby League headquarters.

- Floor Space Ratio of 6:1 and maximum building height of 60 metres
- Property benefits from holding income until development occurs
- Total site area 923sqm (approx.)
- Gross building area - 1,900sqm (approx.)
- Net passing income - $40,000 net per annum plus GST
- Zoned B3 Commercial Core under Newcastle LEP 2012
- Excellent lifestyle amenity close to harbour, shopping, cycleways and public transport
- Outstanding position in the heart of the Newcastle CBD
- Opportunity to develop, with permitted uses including but not limited to, function centres, entertainment facilities, commercial premises, hotel or motel accommodation and shop top housing (STCA)

The property is being offered For Sale by Expressions of Interest closing 4pm Thursday 12 October 2017