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Offices For Sale found in NEWCASTLE, NSW 2300

INVEST OR OWNER OCCUPY

Offices

This ground floor strata title office is currently leased by Transport for NSW and presents a good opportunity for investors or owner occupiers.
Current net return approx $78,800pa
(2) car parks included
Room for rental growth as the current rate is only $318 gross per sqm
Public transport and parking station nearby
This property is located in a commanding position and is less than 500 metres to some of the cities major landmark buildings including Newcastle City Council, University city campus, law courts, NDIS, Telstra and RMS buildings.

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Price: $1,380,000 (sold as a going concern)    Building: 355m²    Occupancy: Vacant

Properties located in the surrounding suburbs

OWNER OCCUPY OR INVESTMENT

Offices

This strata unit is currently split into two suites and has existing tenants, both of which are on expired leases. This is an opportunity to either negotiate a new lease with the current tenants or owner occupy.
Ground floor warehouse 89m2 (currently leased to an electrician)
First floor office 132m2 with ducted air conditioning
(currently leased to an I.T tenant)
Current net income approx $43,500 per annum
(3)car parks + loading bay on title
Separate amenities and kitchenette on each floor
This unit is the largest unit in the complex of 8 which were constructed in 2008. Located just 5 minutes drive from Newcastle CBD in the booming suburb of Wickham.

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Price: $750,000 + GST    Building: 221m²    Occupancy: Vacant

MIXED USE BUILDING WITH DEVELOPMENT POTENTIAL

Offices

This building offers a great location with a multitude of development options possible. Located just 200 metres from the new transport interchange; Comprising:
Land area approx 335m2
Building area approx 608m2
Holding income of $50,746 gross per annum
Vacant first floor and 304m2 roof top terrace
Floor space ratio 8:1 and building height limit 90 metres
Zoning B(3) Commercial Core
This area of Newcastle is experiencing massive amounts of development which includes, residential apartments, hotels, student accommodation, retirement village and 9,500sqm of office space.
By securing this property you will be part of what is sure to be Newcastles most active and vibrant part of the CBD.

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Price: $2,100,000 (Sold as a Going Concern)    Building: 608m²    Land: 335m²    Occupancy: Vacant

4 ADJOINING RESIDENTIAL LOTS

Offices

A rare offering in one of Newcastle's emerging hot spots.
This property consists of 4 residential lots with approx 430m2 building in existence.
* Zoned R2 Low Density Residential
* Total site area 615m2
* Frontage to both Annie Street and Robert Street
* FSR 0.75: 1 and height limit of 8.5 metres
With dual street frontage and drive through access, this is an exciting development opportunity.

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Price: Auction: 10.30am Thursday 14th September 2017    Building: 430m²    Land: 615m²

SUBURB PRICE GUIDE

Suburb Summary - Newcastle, NSW 2300

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $3887 $377 9.69%
Retail $321
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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