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14 William Street
Raymond Terrace NSW 2324
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Sold on 5 Jun 2023

14 William Street Raymond Terrace NSW 2324

  • Offices
  • 488 m²
  • Sold

NATIONAL AUSTRALIA BANK BUILDING

    LOCATION: The township of Raymond Terrace is located approximately 190kms north of Sydney on the Pacific Highway and approximately 30kms northwest of the city of Newcastle. The subject property has a commanding presence in a prominent position in the centre of the CBD

    SITE AREA: Approximately 500m2

    DESCRIPTION: Substantial two storey brick and tile building offering ground floor, occupied by the National Australia Bank, and additional retail/commercial space on the 1st floor which can be let to an additional lessee

    BUILDING AREAS: Ground Floor 337.7m2 (occupied by National Australia bank)
    First Floor 150.2m2 (Currently available for lease)
    TOTAL AREA 487.9m2 (As per plans supplied)

    TENANCY DETAILS: National Australia Bank ACN 004 044 937 (Ground floor only)

    TERM: 10 years expiring on the 31st October 2024

    OPTION: Three (3) 1 year option periods

    RENT REVIEW: Annual CPI reviews with Market Review upon 1st option period

    OUTGOINGS: National Australia Bank pay 73% of outgoings excluding Capital Costs
    Upon leasing of the vacant 1st floor the new lessee would be expected to pay the additional 27% of outgoings dependent upon negotiations

    CURRENT RENTAL: $80,473 GST exclusive per annum for ground floor only + 73% of outgoings. (The vacant 1st floor is currently advertised at $20,000 per annum GST exclusive plus 27% of outgoings

    STATUTORY OUTGOINGS: Land rates (1/7/22 30/6/23) $5,806.76
    Water rates (based on previous 3 accounts) $1,441.49
    Insurance GST inclusive (paid by lessor) $5,539.00

    This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

    Dowling Real Estate Raymond Terrace
    Dowling Real Estate Raymond Terrace
    16A William Street
    Raymond Terrace, NSW 2324

    Property Highlights

    Date Sold5 Jun 2023
    Floor Area488 m²
    Land Area488 m²
    ParkingAsk Agent
    Property ID2018531496
    Category
    Last updated  25 Jun 2023
    Map for 14 William Street Raymond Terrace NSW 2324

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    Dowling Real Estate Raymond Terrace
    Dowling Real Estate Raymond Terrace
    16A William Street
    Raymond Terrace, NSW 2324

    Property Highlights

    Date Sold5 Jun 2023
    Floor Area488 m²
    Land Area488 m²
    ParkingAsk Agent
    Property ID2018531496
    Category
    Last updated  25 Jun 2023

    Listed by

    Gregg Bates
    Gregg Bates
    Dowling Real Estate Raymond Terrace
    Call
    0418416343

    More about 14 William Street Raymond Terrace NSW 2324

    14 William Street Raymond Terrace NSW 2324 is categorized as Office. It has a floor area of 488 m². The listing ID for this property is 2018531496.

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