139 King Street is a small 2-storey brick building currently configured with a large arcade providing access to various tenancies. The building has a net lettable area of 708 square metres* and is predominately vacant.
Occupiers include a caf to the King Street frontage on a three year Lease expiring December 2023, with a first floor apartment and office user on monthly holdover.
Flooring includes tiles to the arcade and carpet to the offices, with aluminium framed glazed shopfronts to the various tenancies. Access to the first floor is provided via an internal concrete staircase.
For Sale by Expressions of Interest l For more information, please contact Colliers exclusive selling agents.
*Approximate
The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.
Newcastle has 5,212 properties. Over the last 5 years, Houses in Newcastle have seen a 24.61% increase in median value, while Units have seen a 44.05% increase. As at 31 January 2026:
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