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711 Hunter Street
Newcastle NSW 2300
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Sold on 17 Jun 2024

711 Hunter Street Newcastle NSW 2300

  • Development / Land
  • 4,724 m²
  • Sold

Premium residential site with DA approval

  • 4,724m²* site
  • Staged approval for 257 apartments
  • Holding income of $630,000* p.a + GST

FOR SALE 711 Hunter Street, Newcastle

JLL and Colliers are pleased to exclusively offer 711 Hunter Street, Newcastle to the market for sale.

711 Hunter Street presents an exciting opportunity to acquire a DA approved residential site, that will set the benchmark for urban vertical living in Newcastle.

Set in a prominent location covering 4,724m²*, the property benefits greatly from its three street frontages and existing improvements. The valuable Development Approval allows for two 26-storey towers with the flexibility for a staged or single line delivery model. The 90m height combined with a considered tower placement and orientation ensures panoramic water and district views from most apartments, whilst creating a landmark addition to Newcastle.

Development Highlights:
- Expansive 4,724m²* level site with three street frontages
- APPROVAL FOR:
o 257 apartments
o 1,241m²* retail/commercial (pre-approved for F&B and retail uses until 10pm)
o Stageable over two towers
- Design competition winning architecture by Tier 1 firm Plus Architecture
- Coordinated structural and services design for efficient design development phase
- 26-storey towers positioned to capture panoramic water and district view corridors in all directions.
- Prime central location within proximity to Newcastle's best amenity
- Secure holding income of $630,000.00* + GST per annum, including the parking revenue for 22/23

For sale by Expressions of Interest l For more information, please contact agents.

*Approximate

EXPRESSION OF INTEREST

Closing date and time26/03/2024 16:00
Recipient nameAsk Agent
Delivery addressGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold17 Jun 2024
Floor AreaAsk Agent
Land Area4,724 m²
ParkingAsk Agent
Property ID2018845684
Category
Last updated  1 Aug 2024
Map for 711 Hunter Street Newcastle NSW 2300

Nearest transport* to 711 Hunter Street Newcastle NSW 2300

Bus
Train
Tram
Ferry
Civic Light Rail113 m
University House, King St198 m
King St after Darby St204 m
Newcastle Maritime Museum, Honeysuckle Dr269 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold17 Jun 2024
Floor AreaAsk Agent
Land Area4,724 m²
ParkingAsk Agent
Property ID2018845684
Category
Last updated  1 Aug 2024

Listed by

Peter Macadam
Peter Macadam
Colliers Newcastle
Call
+61 402 074 159

More about 711 Hunter Street Newcastle NSW 2300

711 Hunter Street Newcastle NSW 2300 is categorized as Land & Development Property. It has a land area of 4,724 m². The listing ID for this property is 2018845684.

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