A modern multi level commercial “A Grade” office building comprising 2,693sqm (approx.) of commercial office space over three levels. ‘Kings Terrace’ is predominately leased by the Commonwealth Government - Department of Defence, for 15 years, expiring 2023 with a 5 year option.
-"A Grade" commercial office building
-Secure cash flow with a Commonwealth Government tenant occupying 86% (approx.) of the building expiring in 2023
-Modern Building (built 2008)
-Fixed 4% annual rent reviews attached to over 89% (approx.) of the income stream
-Located in expanding Local Government area within 26 kilometres (approx.) drive to Newcastle CBD
