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5-7 Collingwood St 11,374 SF 100% Leased Office Building Newcastle Upon Tyne NE1 1JE $2,326,190 CAD ($204.52 CAD/SF)
Investment Highlights
- Freehold development opportunity
- Situated in city centre
- Exceptional transport connectivity
- Available with full vacant possession
- Ground and basement already let
Executive Summary
This is a rare opportunity to acquire a freehold development opportunity in Newcastle city centre. The property is available with full vacant possession, providing an immediate opportunity for adding value. There is also significant opportunity to re-develop the upper floors.
Ground floor and basement let to Quayside News at £20,000 pa.
Ground floor and basement let to Quayside News at £20,000 pa.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
11,374 SF
Building Class
B
Year Built
1900
Price
$2,326,190 CAD
Price Per SF
$204.52 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
2,410 SF
Slab To Slab
10’
Building FAR
1.20
Lot Size
0.22 AC
Amenities
- Bus Line
- Signage
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5-7 Collingwood St
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