Level 5, Suite 502 19A Honeysuckle Drive, Newcastle NSW 2300

$1,350,000 (sale of going concern)

Building Area is 171 m²

Enquire Now

Secure investment to blue-chip tenant

Situated in the heart of Newcastle's vibrant commercial, retail, and residential CBD, this property presents a prime commercial investment opportunity. The offering consists of a modern 138sqm* strata suite, featuring stunning views of Newcastle Harbour. The space is largely open plan, complemented by a boardroom, a kitchen, dual amenities, and a shower, making it highly functional for a range of business needs. Additionally, the property includes two allocated car spaces on title and is equipped with ducted air conditioning for comfort and convenience.

Currently leased to Stronach Property, a well-established Commercial and Residential Property Development company with over a century of service in the Newcastle region, the property generates a solid net income of $83,383.92* per annum plus GST. Stronach Property is secured under a 10-year lease, set to expire on 30 November 2026, with a 5-year renewal option that includes a market review. This ensures additional stability and potential for future growth. The combination of its strategic location, modern amenities, and reliable tenant makes this property an attractive proposition for investors seeking a secure and long-term return in a thriving market.

Key features:
- Strata area of 171sqm*
- Situated in the heart of Newcastle's CBD
- Two allocated car spaces
- Net income of $83,383.92* per annum plus GST
- Views of Newcastle Harbour
- Open plan with boardroom, kitchen and dual amenities
- Blue-chip tenant

*Approximately

Net income $83,383.92* p/a + GST
Blue-chip tenant
Situated in the heart of Newcastle CBD

Jacob Siever

Sebastian Kavanagh

Request an appraisal on your property

Sell With Us Enquiry

First Name(Required)

Last Name(Required)

Email address(Required)

Phone number(Required)

Your property address(Required)

Message(Required)

Commercial Collective is committed to protecting your privacy. By submitting this form, you consent to receive additional information related to your specific inquiry. Occasionally, we may contact you about other relevant listings, services, or content that may interest you. You have the option to opt out of these communications at any time. For more details on how we handle your information, please refer to our Privacy Policy.