Newcastle’s Commercial Property Specialists
Land Area: 607 m2 Floor Area: 327 m2

Auction

AUCTION - MIXED USE FREEHOLD WITH 3 BEDROOM RESIDENCE

Online Auction

15 King Street, Raymond Terrace

Description

An outstanding opportunity to secure a prominent circa 1890s mixed use freehold in the heart of Raymond Terrace, combining a substantial ground floor commercial space with a well appointed three bedroom residence above.

Offered with vacant possession and now proceeding to auction, the property presents genuine flexibility for owner occupiers, investors and those seeking a property with multiple income or occupation possibilities.

The ground floor comprises approximately 210m² of open plan retail space across two shopfronts, with the potential to utilise the space as one tenancy or reinstate the original configuration as two separate tenancies. Character features include high ceilings, polished timber floors, decorative timberwork and an attractive leadlight shopfront, complemented by rear storage areas, existing commercial kitchen infrastructure, amenities and air conditioning.

Upstairs, the approximately 117m² residence comprises three bedrooms, separate living and dining areas, a functional kitchen with island bench, bathroom, internal laundry and a substantial 25m² covered front balcony. A rear yard with vehicle access provides additional functionality.

With its prominent position, flexible configuration and combination of commercial and residential accommodation, this is an opportunity to secure a distinctive freehold property with scope to occupy, invest, lease or further enhance over time.

Online Auction via SoldOnline.com.au - Thursday 8th October
Bidding Open from 11am, Auction to Conclude 1pm (approx)
All bidders must be registered to bid.

15 King Street, Raymond Terrace

Location

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