42 Union Street

For Sale/Lease

CBD Fringe Development Opportunity

A multitude of opportunities exist with this well positioned building that is currently configured as warehouse and commercial office space and includes 8 secure on-site car parks.

Potential also exists to use the warehouse for more parking to give a total of 16 parks. Attractive incentive rental available based on a 3 year lease:

Year 1 $40k + outgoings + GST
Year 2 $60k + outgoings + GST
Year 3 $80k + outgoings + GST

The property's location is on trend, being positioned in Wickham, an emerging lifestyle commercial suburb on the fringe of what will eventually become Newcastle's CBD. Accessibility for staff, residents and clients is featured, with the property within easy walking distance to the Newcastle Interchange (light rail / heavy rail / bus), Newcastle Cruising Yacht Club and the Honeysuckle Precinct.

Site Area: 682 sqm*
Building Area: 658 sqm*


Property Id44741100308
Property TypeOffice/Showroom
StatusFor Sale
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Matt Kearney
Partner | Commercial

0427 921 206