Colliers is delighted to present 26 & 28 Honeysuckle Drive, Newcastle for sale. Underpinned by blue-chip occupants and set in a rapidly evolving market, 26 & 28 Honeysuckle Drive presents a compelling opportunity to acquire a 100% freehold interest in two prime office assets in the heart of Newcastle's thriving business district.
Investment Highlights:
• Institutionally owned and maintained since completion.
• Diversified blue-chip income with strong retention. Tenants include: QBE, Nine Entertainment, Sparke Helmore & the Australian Government.
• 9,432 sqm NLA
• 165 on-site car spaces plus 4 bike cages and 2 disabled bays (28 Honeysuckle Drive)
• Market leading end-of-trip facilities
• 74% leased with a 3.14 year WALE
• Immediate returns with strategic upside
• 4.5-star NABERS Energy (26 Honeysuckle Drive)
• 4.0-star NABERS Energy (28 Honeysuckle Drive)
• Robust commercial market with strong leasing and economic fundamentals
• Short walk to all modes of transport, retail amenity and new waterfront residential
26 & 28 Honeysuckle Drive, Newcastle are being offered For Sale by Expressions of Interest closing Thursday, 4 April 2024 at 2pm (AEDT).
For further information or to arrange an inspection, please contact the Colliers exclusive selling agents.
Note: All figures are approximate and financials are as at 1 April 2024