Development Upside - East End Location
Strategically located on the prominent corner of King and Bolton Streets, this unique east end offering currently benefits from a diversified income stream from four established tenants. The property adjoins the highly anticipated Herald Apartments development and is set amongst the rejuvenation of Newcastle’s CBD and east end. There is currently a mix of both retail and commercial tenants, with the opportunity to further develop with a substantial 30m height limit and 4:1 FSR (STCA).
- Diversified income from four tenants
- Passing income $96,795 pa + GST
- Rare east end location