Global Giant Allianz | 10 Year Net Lease + Opts to 2045

Description

CBRE is pleased to present to the market Allianz Charlestown, located at 401/4 Charles Street, Charlestown (Newcastle) NSW, for sale via Expressions of Interest.

The property has the following key investment highlights:

+ Allianz Australia: one of Australia’s leading insurer’s and part of Allianz Group, one of the world’s largest insurers and listed on the Frankfurt Stock Exchange (FWB:ALV), with a market capitalisation of $255 billion AUD
+ 10 year net lease to November 2035, plus two further 5 year options extending to 2045, with tenant responsible for outgoings, as per the lease
+ Attractive 3.25% annual rent increases, ensuring strong, long-term rental growth over the life of the lease
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, strata levies and land tax (single holding basis) as per lease
+ Newly built 3,037sqm* high quality commercial headquarters spanning 3 levels, plus 43 valuable on-title car spaces
+ State-of-the-art facility offers the incoming purchaser significant potential tax depreciation
+ Strategically positioned in Charlestown’s well-established commercial, retail and medical precinct, in close proximity to Charlestown Square, anchored by Woolworths, ALDI, Big W, Apple, Coles, Kmart, McDonalds, KFC and Guzman y Gomez
+ Charlestown: premier commercial and retail hub in the Newcastle region, with population forecast to grow by more than 16% to 205,445 by 2046
+ Net Income: $1,416,995 pa* + GST

For Sale via Expressions of Interest
Closing 3pm AEDT Tuesday 24 November 2026

Please contact the exclusively appointed sales team for more information.

*Approx

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Contact agents
Darren Beehag Senior Director
0411 226 223
Kieran Bourke Senior Director
0417 418 007
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Charlestown, NSW

401/4 Charles Street

For Sale by Expression of Interest

This property is part of Portfolio 188

Price: Contact Agent

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