FOR SALE 711 Hunter Street, Newcastle
JLL and Colliers are pleased to exclusively offer 711 Hunter Street, Newcastle to the market for sale.
711 Hunter Street presents an exciting opportunity to acquire a DA approved residential site, that will set the benchmark for urban vertical living in Newcastle.
Set in a prominent location covering 4,724m²*, the property benefits greatly from its three street frontages and existing improvements. The valuable Development Approval allows for two 26-storey towers with the flexibility for a staged or single line delivery model. The 90m height combined with a considered tower placement and orientation ensures panoramic water and district views from most apartments, whilst creating a landmark addition to Newcastle.
Development Highlights:
- Expansive 4,724m²* level site with three street frontages
- APPROVAL FOR:
o 257 apartments
o 1,241m²* retail/commercial (pre-approved for F&B and retail uses until 10pm)
o Stageable over two towers
- Design competition winning architecture by Tier 1 firm Plus Architecture
- Coordinated structural and services design for efficient design development phase
- 26-storey towers positioned to capture panoramic water and district view corridors in all directions.
- Prime central location within proximity to Newcastle’s best amenity
- Secure holding income of $630,000.00* + GST per annum, including the parking revenue for 22/23.
711 Hunter Street, Newcastle for sale by Expressions of Interest closing Tuesday 26 March 2024 at 4pm (AEDT).
*Approximate
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