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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

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: Price Guide $10,500,000
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*

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

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Commercial
Sub-type
Office, Other, Land Site
Land Area
1,942 m² (*approx)
Selling method
EOI: Price Guide $10,500,000
EOI Closing Date
8 May 2024 04:00PM

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*

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

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

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

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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789-791 Hunter Street & 5-7 Denison Street, Newcastle West, NSW 2302 Newcastle West
Commercial Collective
Commercial Collective
10, Newcomen Street, Newcastle, Newcastle City Council, New South Wales, Australia, 2300
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