30 King StreetRaymond Terrace NSW 2324
Property Details for 30 King St, Raymond Terrace
Last Listing description (May 2016)
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
-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
-4.5 Star NABERS Energy Rating
Property History for 30 King St, Raymond Terrace, NSW 2324
- 29 Apr 2016Sold for $8,250,000
- 09 Oct 2015Listed for Sale Expressions of Interest closing 12 November 2015
- 01 Oct 2011Listed for Sale EXPRESSIONS OF INTEREST
Recent sales nearby
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0About Raymond Terrace 2324
The size of Raymond Terrace is approximately 33.8 square kilometres. There are 27 parks, covering nearly 34.7% of the total area. The population of Raymond Terrace in 2016 was 12820 people. By 2021 the population was 13453 showing a population growth of 4.9% in the area during that time. The predominant age group in Raymond Terrace is 10-19 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation.In 2021, 58.00% of the homes in Raymond Terrace were owner-occupied compared with 57.00% in 2016.
Raymond Terrace has 6,786 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 42.23% increase in median value, while Units have seen a 56.31% increase. As at 31 August 2026:
- The median value for Houses in Raymond Terrace is $678,245 while the median value for Units is $561,559.
- Houses have a median rent of $623 while Units have a median rent of $520.
Suburb Insights for Raymond Terrace 2324
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