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35-37 Watt Street
Newcastle NSW 2300
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Sold on 14 Dec 2017

35-37 Watt Street Newcastle NSW 2300

  • Offices
  • 311 m²
  • Sold

East End Asset With Endless Possibilities

The subject property occupies the prominent corner of Watt and King Streets
located within Newcastle’s East End which is conveniently positioned close
by to Newcastle Beach, Nobbys Beach and the Harbour Foreshore. The property in its current form features an approved 17 room boarding house returning some $151,320 per annum plus GST. The rooms are spread over the ground floor, level one and level two whilst the common areas and facilities are located on each floor as well including showers, kitchens, laundry facilities and living areas. The future potential of the building is flexible given the current R4 High Density Residential zoning and the current height and FSR allowances.

- Outstanding position in the thriving East End of Newcastle
- Total site area 311 square metres (approx.)
- Total building area 760 square metres (approx.)
- Annual rental $151,320 per annum
- Current approval for a 17 room boarding house
- Floor Space Ratio: 3:1
- Height Limit of 30 metres
- R4 High Density Residential under Newcastle Local Environmental Plan 2012
- Further development potential STCA

For Sale by Public Auction Thursday 14 December 2017 at 10:30am | Ground Floor, 18 Honeysuckle Drive.

(NA2017)

(NPP)

AUCTION

Auction date and time14/12/2017 10:30
Auction locationGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold14 Dec 2017
Floor AreaAsk Agent
Land Area311 m²
ParkingOn site parking available
Property ID2013983942
Category
Last updated  14 Dec 2017
Map for 35-37 Watt Street Newcastle NSW 2300

Nearest transport* to 35-37 Watt Street Newcastle NSW 2300

Bus
Train
Tram
King St At Watt St58 m
King St At Bolton St102 m
Bolton St At King St140 m
Bolton St Before Church St170 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle
Newcastle, NSW 2300

Property Highlights

Date Sold14 Dec 2017
Floor AreaAsk Agent
Land Area311 m²
ParkingOn site parking available
Property ID2013983942
Category
Last updated  14 Dec 2017

Listed by

Michael Chapman
Michael Chapman
Colliers Newcastle
Call
0402 724 841

More about 35-37 Watt Street Newcastle NSW 2300

35-37 Watt Street Newcastle NSW 2300 is categorized as Office. The listing ID for this property is 2013983942.

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