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Mixed Use
924 Hunter Street & 4 Tighe Street, Newcastle West, NSW, 2302

Property details

  • Property ID:
    19330
  • EOI:
    Closing on the 21 November 2019.
  • Area:
    5130 m2 (*approx)
  • Type:

    Mixed Use:

  • Development Potential:
    Mixed Use Development Opportunity (STCA)
Agency information
Brent Sinclair
Ross Cooper

Overview

HIGH-RISE MIXED USE DEVELOPMENT OPPORTUNITY

  • 5,130sqm* combined site area
  • 90m height limit
  • 200m* to Newcastle Interchange

Knight Frank is pleased to present 924 Hunter Street and 4 Tighe Street, Newcastle West known as “Dairy Farmers Corner” to the market For Sale by Expressions of Interest.

The West End has experienced a major transformation in the past 24 months with several major projects under construction, nearing completion and completed, including the new offices of the City of Newcastle (Newcastle Council).

Features:

  • The Property comprises two land parcels with a combined area of 5,130sqm*
  • Potential opportunity to increase the development parcel by acquiring Air Stratum above the lane way
  • Existing improvements previously used for a motor vehicle dealership
  • Allowance for high rise commercial office and residential development
  • 90m height limit
  • Zoned B3 Commercial Core
  • Up to a 8:1 floor space ratio
  • Positioned 200m* to the Newcastle Transport Interchange
  • Desirable surrounding amenity; close to restaurants, bars, shopping, Newcastle Marina and Newcastle CBD
  • Newcastle City has benefited from significant public and private investment
  • Newcastle is experiencing record low A Grade Office vacancy

This is an opportunity for the astute developer to capitalise on the City’s momentum and secure one of the largest sites available with the maximum allowable height limit.

For Sale by Expressions of Interest closing on the 21 November 2019.

*Approximately

Remember to mention you found this property on DevelopmentReady.com.au

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