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26 & 28 Honeysuckle Drive
Newcastle NSW 2300
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Sold on 7 Jun 2024

26 & 28 Honeysuckle Drive Newcastle NSW 2300

  • Offices
  • 9,432 m²
  • Sold

Two prime office assets in the heart of Newcastle's thriving business district

  • 74% leased with 3.14 year WALE
  • Diversified income
  • 4.5 & 4.0-star NABERS Energy ratings

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

EXPRESSION OF INTEREST

Closing date and time04/04/2024 14:00
Recipient nameAsk Agent
Delivery addressGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold7 Jun 2024
Floor Area9,432 m²
Land Area3,544 m²
Energy4.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Property ID2019093331
Category
Last updated  19 Jun 2024
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold7 Jun 2024
Floor Area9,432 m²
Land Area3,544 m²
Energy4.5-star NABERS Energy rating
ParkingOn site parking available
Building TypeWhole building
Property ID2019093331
Category
Last updated  19 Jun 2024

Co-Agents

Peter Macadam
Peter Macadam
Colliers Newcastle
Call
+61 402 074 159
Matthew Meynell
Colliers International - Sydney
Call
+61 413 988 878
James Girvan
Colliers International - Sydney
Call
02 9257 0352
Catherine Scott
Colliers International - Sydney
Call
+61 401 374 074

More about 26 & 28 Honeysuckle Drive Newcastle NSW 2300

26 & 28 Honeysuckle Drive Newcastle NSW 2300 is categorized as Office. It has a floor area of 9,432 m². The listing ID for this property is 2019093331.

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