368 King Street, Newcastle NSW 2300

Auction Date: May 22, 2024

Freehold inner city medical suite

Auction Location: Commercial Collective Auction Room/Online

This property features a fully equipped suite that meets medical standards, situated in Newcastle's vibrant heart. With a Mixed Use (MU1) zoning, the expansive 344sqm* premises extends across two levels, with a notable height limit of 45m* and a FSR of 5:1. This unique property represents a rare opportunity in the CBD, appealing greatly to either an owner-occupier looking to take over for their own operation or a developer eager to explore the potential of it's unlocked airspace.

The advantageous positioning is further enhanced by the proximity to the 291 King Street Parking & Storage facility, located directly across the road. This facility provides access to over 450 parking spaces, accommodating both short-term and long-term parking needs, thereby adding significant value to this already desirable location.

Key features includes:
- Site area 213sqm*
- Build area 344sqm*
- Spanning over 2 floors
- Operating internal lift
- Reception/waiting area, multiple private treatment rooms on each floor
- Easily split into two tenancies with separate access
- Dual amenities & private kitchen on each floor
- Newly renovated with ducted air conditioning throughout
- Security system

*Approximately