Tenanted investments and government land head to auction in Newcastle

Two income-producing investments and two government-owned landholdings will go under the hammer at Commercial Collective’s upcoming auction this Wednesday 21 October, with properties across Blacksmiths, Rutherford, Kotara and Wallsend.

The portfolio brings together distinct purchasing opportunities, from a multi-tenanted retail and commercial holding to an industrial investment with an established occupation history. Two residential-zoned sites offered on behalf of Transport for NSW complete the line-up, with access, configuration and potential consolidation forming key considerations for prospective buyers.

Secure income in Blacksmiths and Rutherford

For investors assessing the two tenanted properties, the distinction lies in how each generates income. Blacksmiths offers rental diversity across multiple tenancies and a substantial underlying landholding, while Rutherford provides an reliable industrial lease with three years remaining on its current term.

73–87 Turea Street, Blacksmiths | View Property

Returning $151,375.68* net per annum plus GST, the property comprises 10 retail and commercial tenancies across a 1,638sqm* site with dual street frontages.The tenancy mix spreads rental income across multiple occupiers, making the individual lease terms, expiry profile and ongoing leasing requirements central to an investor’s assessment.

The site area and dual frontage also provide a basis for purchasers to investigate opportunities to improve the existing holding, subject to planning controls and any required approvals. For buyers considering both current income and longer-term asset strategy, the combination of existing tenancies and underlying land is a key feature of the offering.

Unit 1, 59 Mustang Drive, Rutherford | View Property

Returning $133,928* net per annum plus GST, this industrial investment comprises a 971sqm* building incorporating warehouse, fitted office and mezzanine space within Rutherford’s established industrial precinct. The property has a 10-year history of continuous occupation, with three years remaining on the current lease, a further five-year option and full recovery of outgoings from the tenant.

The remaining lease term provides an established income period for purchasers to assess, while the option and outgoings provisions are relevant to future cash flow and ownership costs. The warehouse and office accommodation also give buyers a practical basis for considering the property’s longer-term leasing appeal.

Government landholdings in Kotara and Wallsend

The campaign also includes two vacant landholdings in Newcastle. Commercial Collective has been appointed by Transport for NSW to bring both sites to market, reflecting the agency’s confidence in the team’s local market knowledge and auction experience.

95 Charlestown Road, Kotara | View Property

The 695sqm* site at 95 Charlestown Road is positioned within an established residential pocket of Kotara, with a 21.54m* of frontage to Charlestown Road.

Zoned R2 Low Density Residential, the regular-shaped allotment is located close to major retail, transport and community infrastructure. Its size, frontage and surrounding neighbouring residential neighbourhood may be of interest to adjoining owners or purchasers considering a longer-term landholding.

The property currently has pedestrian access, with no direct vehicle access established. Prospective purchasers should undertake their own investigations into access, planning controls and any proposed use.

4 Ganney Road, Wallsend | View Property

The offering comprises 230sqm* of vacant land within an established residential area of Newcastle's western suburbs.

The triangular allotment has 14m* of frontage to Ganney Road and has existing direct vehicle access. It is zoned R2 Low Density Residential although its size and configuration should be taken into consideration by prospective buyers.

The property may be relevant to adjoining owners considering land consolidation, or purchasers exploring a smaller landholding for longer-term ownership. Any proposed use would be subject to the relevant planning and approval requirements.

Auction details

Commercial Collective works across Newcastle, the Hunter, Central Coast and Port Macquarie, combining local market knowledge with a broader approach to buyer engagement. All four properties go to auction on Wednesday the 21st of October 2026, at 10:30 am at Commercial Collective HQ, 10 Newcomen Street, Newcastle with online bidding available here.

Whether you are considering an acquisition or assessing the right time to sell, our team can provide local market insight and discuss the sales and purchasing options available to you. To find out more about the upcoming auctions or to discuss selling commercial property in via one of our offices, contact Commercial Collective for a confidential discussion.