30 Denison Street, Hamilton East NSW 2303

Owner-occupier, investment & future redevelopment opportunity

The property comprises a highly exposed freestanding automotive facility offering an exceptional opportunity for owner-occupiers, investors and future developers. Positioned on a strategic outer-CBD allotment, the asset combines immediate holding income with the flexibility to occupy, reposition or redevelop over time (STCA). The property is currently leased to AHG Newcastle Pty Ltd, an established automotive operator retailing MG and Škoda vehicles, providing a secure holding income of $133,650 net per annum, with 100% of outgoings recovered. The short to medium-term lease profile delivers reliable near-term cash flow while allowing purchasers to retain flexibility for future planning and value-add strategies. Improved with a modern showroom and workshop facility, the site is further supported by hardstand areas accommodating vehicle display, storage and customer access. The existing configuration aligns with contemporary automotive dealership requirements and supports continued interim commercial use. Importantly, the site's R3 Medium Density Residential zoning provides longer-term redevelopment potential, with the landholding well positioned to capitalise on Newcastle's ongoing growth and urban infill demand (STCA). Located within close proximity to the Newcastle CBD, surrounding residential catchments and established transport connections, the property benefits from strong exposure, sustained leasing demand and resilient underlying land value

Key Features:
- Freestanding showroom and workshop facility suited to owner-occupation or continued leasing
- Secure holding income of $133,650 net p.a. with 100% outgoings recovered
- Leased to an established automotive operator retailing MG & Škoda vehicles
- 695sqm* landholding with future redevelopment upside (STCA)
- Hardstand areas supporting vehicle display, storage and site circulation
- R3 Medium Density Residential zoning allowing repositioning potential
- Highly exposed outer-CBD location enhancing long-term land value
- Strategic Newcastle position supporting ongoing capital growth

*Approximately