An office hub with habour views.
Incorporating 5,002sq m of office space, the building boasts one of the largest floorplates in Newcastle and is fully leased to national tenants NSW Government, Suncorp and Secure Parking. A new 5-year lease has been executed by Suncorp which commences in October 2016 and Secure Parking has leased all 342 car spaces (1:15sq m) for 20 years at approximately 25% below market value.
The property benefits from a $400,000 façade upgrade undertaken by the vendor in 2015 and a $2.3 million tenancy refurbishment undertaken by the NSW Government in 2015.
Sentinel Portfolio Management Pty Ltd
ACN: 602 813 114
Phone: 07 3733 1660
Fax: 07 3733 1669
Postal: GPO Box 2333, Brisbane QLD 4001
Office: Level 9, 300 Queen Street Brisbane QLD 4000