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347-365 Hunter Street
Newcastle NSW 2300
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Sold on 1 Aug 2020

347-365 Hunter Street Newcastle NSW 2300

  • Hotel, Motel, Pub & Leisure
  • 3,416 m²
  • Sold

TENDERS CLOSED!

  • 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 Newcastles business and cultural district, the properties offer secure commercial investments with a rich history, ideally located just metres from the citys 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

Tenders have now closed for this property.

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

EXPRESSION OF INTEREST

Closing date and time28/11/2019 16:00
Recipient nameAsk Agent
Delivery addressExpressions of Interest

Property Highlights

Date Sold1 Aug 2020
Floor Area3,416 m²
Land Area2,336 m²
Energy5-star NABERS Energy rating
ParkingAsk Agent
Property ID2015781198
Category
Last updated  28 Sep 2020
Map for 347-365 Hunter Street Newcastle NSW 2300

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Property Highlights

Date Sold1 Aug 2020
Floor Area3,416 m²
Land Area2,336 m²
Energy5-star NABERS Energy rating
ParkingAsk Agent
Property ID2015781198
Category
Last updated  28 Sep 2020

Co-Agents

Nicholas Heaton
Nicholas Heaton
CBRE Sydney
Call
+61408025097
Xavier Rahme
Xavier Rahme
CBRE Sydney
Call
0415 711 606

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