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CBRE - Sydney
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347-365 Hunter Street Newcastle, NSW 2300

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For Sale - Expression of Interest

347-365 Hunter Street
Newcastle, NSW 2300

Hotel & Leisure • Offices • Shop & Retail
Sale Price

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Land area

2336.0m²

Floor area

3416.0m²

Property extent

Whole

Zoning

B3 Commercial Core

Tenure type

Tenanted Investment

NABERS

5.0

THREE ICONIC NEWCASTLE BUILDINGS IN HIGH PROFILE CBD LOCATION

  • Combined site area of 2,336sqm*
  • Significant development upside (S.T.C.A)
  • Located at the heart of Newcastle CBD
CBRE, Commercial Collective and Moore & Moore Real Estate are pleased to present the Civic Portfolio to market.

Comprising three iconic buildings at the heart of Newcastle’s business and cultural district, the properties offer secure commercial investments with a rich history, ideally located just metres from the city’s waterfront. Offered in-one-line or individually, the buildings provide significant value-add potential through refurbishments and conversion, whilst the large amalgamated site allows the opportunity to capitalise on its strong development upside in the future (S.T.C.A).

The Civic Portfolio benefits from the following key attributes:

- Clarendon Hotel, Fred Ash Building & Bennett Building offered in-one-line or individually
- Diversified tenant mix: hotel, office and retail
- Combined site area of 2,336sqm* with development upside (S.T.C.A)
- Zoned B3 Commercial Core with 4:1 FSR and 30 metre height limit
- Total floor area of 3,416sqm*
- Excellent income with further refurbishment & conversion potential
- Ideally located at the heart of Newcastle CBD's business and cultural district in a high profile corner location
- Moments from the waterfront and the Newcastle Light Rail network
- Fred Ash Building NABERS Energy rating: 5-Stars

Offered in-one-line or individually, interested parties are invited to submit their offers via expressions of interest for the sale or lease of The Fred Ash Building and the sale of The Bennett Building and Clarendon Hotel, Newcastle by Thursday, 28 November 2019 at 4:00pm (AEDT).

For more information, please contact the exclusive sales agents.


Note: All financial figures have been provided by the Vendor. Prospective purchasers are advised to conduct their own independent due diligence.

*approximate
*outlines indicative only

Property ID: 503367518Last Updated: 15 Nov 2019

CBRE - Sydney
347-365 Hunter Street
Newcastle, NSW 2300
Xavier Rahme
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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CBRE - Sydney

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CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
Commercial Collective - NEWCASTLE

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Commercial Collective - NEWCASTLE

Level 2, 28-30 Bolton Street
NEWCASTLE, NSW 2300
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Xavier Rahme

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Xavier Rahme
CBRE - Sydney
347-365 Hunter Street Newcastle, NSW 2300

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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