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Commercial Collective - NEWCASTLE

426 King Street Newcastle, NSW 2300

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426 King Street,
Newcastle, NSW 2300

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Commercial Collective - NEWCASTLE

Commercial Collective - NEWCASTLE

Level 2, 28 Bolton Street
NEWCASTLE, NSW 2300
Commercial Collective - NEWCASTLE
426 King Street
Newcastle, NSW 2300

Map of 426 King Street

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  • Train stations within 5 km of 426 King Street, Newcastle, NSW 2300Distance
    Newcastle Interchange689 m
    Hamilton Station1.9 km
    Broadmeadow Station2.8 km
    Adamstown Station4.2 km
    Waratah Station4.3 km
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  • Bus stops within 5 km of 426 King Street, Newcastle, NSW 2300Distance
    Hunter St at Steel St98 m
    King St Opp Devonshire St127 m
    Tafe Hunter, Hunter St141 m
    Union St at Hunter St169 m
    Union St Opp Laman St201 m
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POWERED BY HERE ©

Defensive asset development upside

  • 3,350sqm* NLA
  • Net income $1,101,264 pa (1 May 2021)
  • 100% occupancy rate
Commercial Collective are pleased to present to the market 426 King Street, Newcastle West, for sale by Expressions of Interest. This asset presents an opportunity to acquire one of the most recognisable buildings in the Newcastle CBD in a strategic location in the heart of the city.

426 King Street boasts the following key features:

- Frontages to the CBD's two main thoroughfares, Hunter Street and King Street
- An NLA of 3,350sqm* over large floor plates
- 51 parking spaces
- Net income of $1,101,264 per annum as at 1 May 2021
- Anchored by Pegasus, WSP & APP
- 100% occupancy rate
- 5-star NABERS Energy rating
- Landscaped courtyard break out area and end-of-trip facilities

The property also offers nearly 6,000sqm* of potential development (STCA) as currently only 40% of the allowable FSR has been utilised.

Located in arguably the best commercial location in Newcastle, being central to all key precincts, 426 King Street is surrounded by staff amenity with Marketown Shopping Centre located opposite and also offers easy connectivity to the rest of the CBD and surrounding suburbs with the nearest Light Rail stop less than 150m* away and a bus stop less than 45m* from the property.

*Approximately

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Property ID: 503820974Last Updated: 29 Jul 2021

Agency contacts

Commercial Collective - NEWCASTLE
Level 2, 28 Bolton Street
NEWCASTLE, NSW 2300
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CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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Matt Kearney

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Matt Kearney
Commercial Collective - NEWCASTLE
426 King Street Newcastle, NSW 2300

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

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