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30 King Street
Raymond Terrace NSW 2324
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Sold on 29 Apr 2016

30 King Street Raymond Terrace NSW 2324

  • Offices
  • Sold

Secure Lease to Commonwealth Government Tenant

A modern multi level commercial "A Grade" office building comprising 2,693sqm (approx.) of commercial office space over three levels. 'Kings Terrace' is predominately leased by the Commonwealth Government - Department of Defence, for 15 years, expiring 2023 with a 5 year option.

-"A Grade" commercial office building

-Secure cash flow with a Commonwealth Government tenant occupying 86% (approx.) of the building expiring in 2023

-Modern Building (built 2008)

-Fixed 4% annual rent reviews attached to over 89% (approx.) of the income stream

-Located in expanding Local Government area within 26 kilometres (approx.) drive to Newcastle CBD

-4.5 Star NABERS Energy Rating

EXPRESSION OF INTEREST

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Property Highlights

Date Sold29 Apr 2016
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Property ID2012325454
Category
Last updated  7 May 2016
Map for 30 King Street Raymond Terrace NSW 2324

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Property Highlights

Date Sold29 Apr 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2012325454
Category
Last updated  7 May 2016

Listed by

Ross Cooper
Ross Cooper
Knight Frank Newcastle
Call
0423 761 955

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