Back to Proof

11 Newton Street, Cremorne

  • Sector

    Commercial

  • Building Size

    1,494 m2

  • Land Size

    1,063m2

Creative Office Building with Upside

A high quality, three-storey building currently 100% leased to Figurehead Construction, Energy Locals and Robert Luxmoore Project Management. With the current leases expiring in 2024-2025¹, the asset provides owner occupiers the opportunity to occupy the premises in the near-term.

The Commercial 2 zoned site of 1,063 sqm* offers the potential to be developed into a 9-level office (STCA), with significant holding income to provide security in the medium-term.

The property features

  • 100% leased investment with a 1.4-year* WALE
  • Quintessential Cremorne office with polished concrete floors, glazed façade and industrial-style fitouts
  • Significant site area of 1,063 m2* with 22 metres* of frontage to Newton Street
  • Flexible Commercial 2 zoning
  • Located in the vibrant Cremorne precinct, a bustling area which is renowned for its thriving business and lively social scene

*Approximately as at 1 July 2023
¹ Termination Clause: Pertaining to one lease, the landlord may exercise the termination additional provision for the further term of the lease. A break fee of $140,000 is payable by the landlord to the tenant if this clause is exercised.
STCA – Subject to Council Approval

Other Properties

Request Sales Details