Carrington 1.96ha portside industrial facility for sale or lease

A significant industrial landholding in a key portside location is coming to market, with Commercial Collective offering 124 Elizabeth Street, Carrington for sale or lease via Expressions of Interest (EOI). Occupying a substantial 1.96ha* site in one of the Hunter region’s most tightly held industrial and port precincts, the property offers a unique opportunity to secure a large-scale industrial facility with immediate functionality and future development potential (STCA).

The two-storey modern office building combined with two high-clearance warehousesprovides an expansive floor plan totalling 6,004sqm*, strategically located just four kilometres from Newcastle CBD and two kilometres from the Port of Newcastle. Situated within the SP1 Special Activities zone, the property offers direct access between Elizabeth Street and Gross Street, extensive hardstand areas, five roller doors, a weighbridge, and a covered wash bay, supporting a range of transport, logistics, warehousing, distribution, and port-related operations.

The location provides convenient access to Industrial Drive, the Newcastle Inner City Bypass, the M1 Pacific Motorway and Hunter Expressway, reinforcing its position within the region's key freight and logistics network.

Additional Key Features:

• Warehouse 1 - 2,454sqm*
• Warehouse 2 - 3,260sqm*
• Modern office - 290sqm*
• 8m* warehouse eave clearance
• Five roller doors with awnings
• Full concrete panel to the boundary wall with concrete daddo construction to 2.4m*
• Covered wash bay positioned between the two warehouses
• Weighbridge

"Large industrial landholdings in Carrington are exceptionally rare. The site area combined with substantial existing improvements, drive-through access and proximity to Newcastle’s port infrastructure creates a compelling opportunity for owner-occupiers, investors and developers alike," said Byrne Tran, Partner and Head of Sales & Leasing.

"The offering comes at a time when demand for well-located industrial assets across Newcastle remains strong, underpinned by limited land supply, low vacancy rates and continued investment in major infrastructure projects including the Port of Newcastle Masterplan, Newcastle Airport expansion and broader transport network upgrades", continued Byrne.

"Carrington continues to benefit from its close connection to Kooragang Island, major freight routes and ongoing city-fringe regeneration. Properties that can accommodate large-scale industrial operations while also offering future development flexibility are increasingly difficult to find," added Benjamin Morello, Associate Director, Commercial Collective.

124 Elizabeth Street, Carrington is for sale or lease via Expressions of Interest, closing at 12pm (AEST) on Thursday, 30 July 2026.