A rare opportunity to secure a beautiful site full of character from yesteryear which would suit a variety of uses including but not limited to, hospitality, retail, or commercial. Located adjacent to the upcoming East End redevelopment, which includes over 600 apartments, a Woolworths Metro, Betty's Burgers, and a lively retail precinct.
This versatile ground floor property spans circa 210sqm*, there are services for a high grade commercial kitchen, high ceilings allowing lots of natural light, separate male and female amenities, deliveries bay, and captivating harbour views. Establish your business in the heart of a thriving area with projected population growth and a vibrant retail scene. Positioned between Newcastle Foreshore and Hunter Street Mall, this prime location guarantees excellent visibility and accessibility.
*Approximately
The size of Newcastle is approximately 4.9 square kilometres. There are 25 parks, covering nearly 10.5% of the total area. The population of Newcastle in 2016 was 2753 people. By 2021 the population was 3852 showing a population growth of 39.9% in the area during that time. The predominant age group in Newcastle is 20-29 years. Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation.In 2021, 44.20% of the homes in Newcastle were owner-occupied compared with 45.70% in 2016.
Newcastle has 5,234 properties. Over the last 5 years, Houses in Newcastle have seen a 12.45% increase in median value, while Units have seen a 36.18% increase. As at 31 May 2026:
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