A unique opportunity to acquire a large site in one of Newcastle’s most recognised and tightly held streets, Beaumont Street.

The property presents an excellent opportunity to either investors looking to value add, or developers to create an exciting new mixed use building with retail / commercial space and residential (STCA) .
FSR – 2:1
Building Height Limit – 14m

The property includes two longstanding retail tenancies plus a warehouse/workshop tenancy at the rear.

Refurbishing the existing improvements will bring about an excellent rental upside and potentially long leases with the existing tenants.

Developers can benefit with the existing holding income whilst they fine tune their development.

The property is located 3kms west of Newcastle CBD and provides excellent access to all public transport (Railway Station only 100m away) together with other business and banking services, all located nearby.

An opportunity not to be missed!