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Knight Frank is pleased to present for sale via Expressions of Interest this substantial 1.15 ha* city fringe site, strategically positioned in one of Newcastle’s most dynamic growth precincts.
This site represents one of the largest remaining consolidated landholdings in Newcastle City, boasting exceptional exposure along Donald Street with dual vehicular access from both east and westbound lanes. The site offers high visibility to significant passing traffic, further enhanced by its proximity to Hamilton train station and the amenity rich Beaumont Street precinct.
With MU1 Mixed Use zoning, a 2:1 FSR and 14 m* height limit, the site presents a rare opportunity for future development across a range of potential uses (STCA). Its relatively flat topography and 23,000 sqm* potential GFA support a broad spectrum of redevelopment options, underpinned by the site's strategic positioning outside the mine subsidence district.
Offered with a proposed leaseback to Access Industries, the asset provides strong holding income of $900,000* net per annum plus GST, while preserving future flexibility.
The site is directly adjacent to the Broadmeadow Place Strategy precinct – a major urban renewal initiative led by the City of Newcastle and the NSW Government, set to deliver over 20,000* new dwellings, 15,000* new jobs and enhanced transport infrastructure over the next three decades.
Key features:
- 1.15 ha* site with dual access
- MU1 Mixed Use zoning with 2:1 FSR and 14 m* height limit
- 23,000 sqm* potential GFA (STCA)
- Leased to Access Industries with $900,000* net per annum holding income
- 500 m* to Hamilton Train Station and Beaumont Street
- 11 mins* to Newcastle CBD, 2 hours* to Sydney CBD
- Positioned within the Broadmeadow Place Strategy urban renewal precinct
For further information on this opportunity, please contact the exclusive Knight Frank agents.
*Approximate
Remember to mention you found this property on DevelopmentReady
Knight Frank is pleased to present for sale via Expressions of Interest this substantial 1.15 ha* city fringe site, strategically positioned in one of Newcastle’s most dynamic growth precincts.
This site represents one of the largest remaining consolidated landholdings in Newcastle City, boasting exceptional exposure along Donald Street with dual vehicular access from both east and westbound lanes. The site offers high visibility to significant passing traffic, further enhanced by its proximity to Hamilton train station and the amenity rich Beaumont Street precinct.
With MU1 Mixed Use zoning, a 2:1 FSR and 14 m* height limit, the site presents a rare opportunity for future development across a range of potential uses (STCA). Its relatively flat topography and 23,000 sqm* potential GFA support a broad spectrum of redevelopment options, underpinned by the site's strategic positioning outside the mine subsidence district.
Offered with a proposed leaseback to Access Industries, the asset provides strong holding income of $900,000* net per annum plus GST, while preserving future flexibility.
The site is directly adjacent to the Broadmeadow Place Strategy precinct – a major urban renewal initiative led by the City of Newcastle and the NSW Government, set to deliver over 20,000* new dwellings, 15,000* new jobs and enhanced transport infrastructure over the next three decades.
Key features:
- 1.15 ha* site with dual access
- MU1 Mixed Use zoning with 2:1 FSR and 14 m* height limit
- 23,000 sqm* potential GFA (STCA)
- Leased to Access Industries with $900,000* net per annum holding income
- 500 m* to Hamilton Train Station and Beaumont Street
- 11 mins* to Newcastle CBD, 2 hours* to Sydney CBD
- Positioned within the Broadmeadow Place Strategy urban renewal precinct
For further information on this opportunity, please contact the exclusive Knight Frank agents.
*Approximate
Remember to mention you found this property on DevelopmentReady
