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789-791 Hunter Street & 5-7 Denison Street, Newcastle West, NSW 2302

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789-791 Hunter Street & 5-7 Denison Street, Newcastle West, NSW 2302

Properties / Buy / New South Wales / Newcastle West

Development Potential

1. Property Summary

Property Type

Commercial

Sub Type

Office, Other, Land Site

Land Area

1,942 m² (*approx)

Selling Method

EOI: Contact Agent

EOI Closing Date

8 May 2024 04:00PM

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2. Property Highlights

Premium development site in Newcastle's West End

Floor Space Ratio 6:1
Building Height Limit 60m
Potential developable GFA 11,650sqm*

For Sale by Expressions of Interest closing Wednesday 8 May 2024 at 4pm

The site occupies a prominent corner position with three street frontages within the West End on Hunter Street, Denison Street & Wood Street.

789-791 Hunter Street was previously known as the renowned Cambridge Hotel; a popular hub for live music. The current building consists of a bar on the ground floor whilst the first floor comprises 16 student accommodation rooms with breakout areas and amenities. 5-7 Denison Street presents a two level commercial office building with 19 car spaces at the rear.

The property benefits from a liquor licence (LIQH400117205) on title and eight poker machine entitlements.

- Site Area 1,942sqm*

- Building Height Limit 60m

- Floor Space Ratio 6:1

- Eight poker machine entitlements

- Liquor licence (LIQH400117205) on title

- Potential developable gross floor area of 11,650sqm* (STCA)

*Approximately

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