64 Caves Beach Road, Caves Beach NSW 2281

Auction Date: October 22, 2025

Multi-tenanted investment opportunity with development upside

Auction Location: Online and in-room at Commercial Collective - 10 Newcomen Street, Newcastle NSW 2300

For Sale by Public Auction on Wednesday 22 October at 11am (in-room and online)

A significant opportunity to secure an income-producing asset with substantial future development upside (STCA). Set on a generous 1,438.42sqm* MU1 Mixed Use zoned site, the property comprises a mix of ground floor retail shops including pharmacy, grocer, takeaway food, bakery and first-floor commercial suites, all fully leased to a range of longstanding tenants.

As the only convenience-based centre in Caves Beach, it holds a dominant position within the local catchment and benefits from minimal competition. The property's neat and well-maintained condition ensures low short-term capital outlay, while the flexible zoning allows for a broad range of future uses including residential, retail, and commercial.

- 1,438.42sqm* MU1 Mixed Use zoned site in tightly held Caves Beach
- Multiple ground-floor shops and first-floor commercial suites
- Generous off-street parking directly adjoining the centre
- Total current gross income of $135,522* per annum
- Reversionary income potential of $265,000* net per annum plus GST (upon rent review or reletting)
- Fully leased mixed-use investment with established long-term tenants
- 13-metre building height limit allowing for future redevelopment (STCA)
- Highly exposed corner location with high foot traffic
- Ideal for investors, developers, or value-add buyers seeking future upside

*Approximately