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Knight Frank is pleased to present 9 Gothic Street, Jesmond For Sale. This DA approved student accommodation development site is strategically positioned adjacent to the University of Newcastle’s Callaghan Campus, one of Australia’s leading universities with 37,946* enrolled students.
Jesmond is a well-established student accommodation precinct, supported by both university-owned and privately operated facilities. The area is underpinned by strong connectivity, with direct transport routes into the Newcastle CBD and immediate access to Jesmond Central, a major neighbourhood shopping centre.
Key features:
- DA approved for a boutique Purpose-Built Student Accommodation (PBSA) development
- Approved scheme comprises 53 self-contained rooms, 12 on-grade car spaces and expansive indoor and outdoor communal areas
- Innovative three-level design incorporating a rooftop garden and efficient use of communal space
- Strong demand from a proven student accommodation market
- Forecast gross income of $1,350,000* per annum upon completion
- Newcastle residential vacancy rate reported at 1%*
- Immediate proximity to key amenities including Callaghan Campus, Jesmond Central and public transport links
- University of Newcastle ranked among the Top 250 universities globally
For further information, please contact the exclusive selling agents at Knight Frank.
*Approximate
Remember to mention you found this property on DevelopmentReady
Knight Frank is pleased to present 9 Gothic Street, Jesmond For Sale. This DA approved student accommodation development site is strategically positioned adjacent to the University of Newcastle’s Callaghan Campus, one of Australia’s leading universities with 37,946* enrolled students.
Jesmond is a well-established student accommodation precinct, supported by both university-owned and privately operated facilities. The area is underpinned by strong connectivity, with direct transport routes into the Newcastle CBD and immediate access to Jesmond Central, a major neighbourhood shopping centre.
Key features:
- DA approved for a boutique Purpose-Built Student Accommodation (PBSA) development
- Approved scheme comprises 53 self-contained rooms, 12 on-grade car spaces and expansive indoor and outdoor communal areas
- Innovative three-level design incorporating a rooftop garden and efficient use of communal space
- Strong demand from a proven student accommodation market
- Forecast gross income of $1,350,000* per annum upon completion
- Newcastle residential vacancy rate reported at 1%*
- Immediate proximity to key amenities including Callaghan Campus, Jesmond Central and public transport links
- University of Newcastle ranked among the Top 250 universities globally
For further information, please contact the exclusive selling agents at Knight Frank.
*Approximate
Remember to mention you found this property on DevelopmentReady
