73-87 Turea Street, Blacksmiths NSW 2281

Auction Date: October 21, 2026

Lakeside investment with diversified income & development upside

Auction Location: Commercial Collective, 10 Newcomen Street, Newcastle NSW 2300

For Sale by Auction on Wednesday 21 October 2026 at 10:30am
Commercial Collective HQ | 10 Newcomen Street, Newcastle (in room and online)

Positioned in the tightly held lakeside suburb of Blacksmiths, this exceptional investment presents a rare opportunity to secure a substantial landholding with strong holding income and significant long-term upside. Returning $151,375.68 net per annum, the property comprises 10 diversified retail and commercial tenancies across a 1,638sqm* dual street frontage site. Underpinned by a quality mix of established tenants and offering outstanding value-add and redevelopment potential (STCA), this is a tightly held coastal asset with exceptional investment and development fundamentals.

Investment Highlights:
- Diversified investment returning $151,375.68 net per annum
- 10 retail and commercial tenancies providing multiple income streams
- Expansive 1,638sqm* landholding with valuable dual street frontage
- Significant value-add and redevelopment potential (STCA)
- Prime position within the tightly held waterside suburb of
- Blacksmiths, moments from beaches and Lake Macquarie

*Approximately