152 Hunter Street, Newcastle NSW 2300

East End development site with holding income

For Sale by Expressions of Interest closing Wednesday 25 June 2025 at 4pm (AEST)

The opportunity exists to capitalise on holding income and explore the potential to redevelop or adaptively re-use this character filled 3-storey mixed-use commercial building. The property currently incorporates five ground floor retail shops together, with two levels of office accommodation.

The site has access from Hunter Street, Market Street and a lane way on the eastern and northern boundaries making this a 100% standalone asset. Currently leased to a range of retail and commercial tenants, all of which are either on holdover or include demolition / relocation clauses, providing flexibility for a potential redevelopment or repositioning of the asset.

A number of neighbouring developments have received consent for additional levels, setting a strong precedent for mixed-use developments in this area. Directly opposite is the recently approved stages 3 & 4 of Iris's East End Development featuring almost 200 apartments and ground floor retail, adding to the amenity the Hunter Street Mall already offers.

- Iconic East End Corner site
- 593.1sqm* site area
- 3:1 FSR, 20m* Height of Buildings
- 1,563sqm* of net lettable area
- $131,236 net income per annum plus GST
- MU1 Mixed Use Zoning

*Approximately