6 Newcomen Street, Newcastle NSW

Knight Frank on behalf of the Port Authority of New South Wales, are pleased to offer for sale 6 Newcomen Street, a prime office building in Newcastle's CBD. This 100% Freehold property is leased to ASX listed and multinational tenants, providing stunning harbour views and significant future potential for refurbishment or redevelopment (STCA).

Situated in the prestigious east end of Newcastle, the building enjoys a prime location surrounded by amenities, including the harbour foreshore, light rail, beach, cafes, restaurants, and business services. The East End is undergoing a major transformation with nearby projects, such as the East End Residences and a new 5-star OT hotel, contributing to the area's thriving atmosphere.

Key Features:
100% Freehold office building with upside potentialPotential fully leased income of $696,442 p.a. (excl GST)Leased to ASX listed and multinational tenants: Whitehaven Coal, Honeysuckle Health (NIB), Chandler MacLeod & Port of Newcastle Medium-term upside through refurbishment or redevelopmentStunning harbour views across all levelsPrime CBD position adjacent to harbour foreshore, light rail, and Newcastle/ Noby's beachWALE of 1.54 years by income
For more information or to arrange an inspection, contact exclusive agents Brent Sinclair or Ross Cooper.

For sale by Tender closing 4pm Thursday, 27 July 2023.
Unless sold prior