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3 Queen Street
Cooks Hill NSW 2300
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Sold on 21 Jun 2017

3 Queen Street Cooks Hill NSW 2300

  • Development / Land
  • 697 m²
  • Sold, $2,700,000

Blue-Chip Inner City Development* Opportunity

The unprecedented and unsatisfied demand for residential apartments and townhouses in inner city Newcastle is clearly evidenced through the recent median to high density project launches that have all rapidly sold out.

This blue-chip 697sqm (approx.) vacant parcel of land located in inner city Newcastle and zoned B4 - Mixed Use, offers a level corner site with dual frontages to Queen Street and Railway Street, Cooks Hill, as well as rear lane access. It represents a unique and rare opportunity to acquire a prime site to deliver a defining development* in a proven location in one of Newcastle's most dynamic and robust property markets.

Impressively positioned at the junction of three important city areas, it is located at the gateway to Darby Street, in close proximity to the Civic Administrative and Cultural Precinct and the revitalised Hunter Street Mall.

For a free WebBook with further information on this Development Site, please SMS "3QueenSt" to 0429 272 015

Features

Flexible B4 - Mixed Use Zoning allows for a variety of uses, subject to approval from Newcastle City Council.

The vendors have sought advice and engaged reputable town planning and architectural practices to identify the highest and best uses for the site (subject to council approval)*.

- Frontages - 19.1m* to Queen Street, 34.4m* to Railway Street, 33.43m* to rear lane
- Floor to Space Ratio of 2:1
- Height limit - 14metres

Location

The site's location at the junction of three important city areas is encircled by the eclectic lifestyle and entertainment options of Darby Street and the Hunter Street mall. Friendly greengrocers, fun fashion, quirky café and bars along with culinary aromas from every continent jostle for space along streets brimming with colour.

The Civic Precinct, identified as the primary administrative, cultural and educational centre of the city, hosts the University of Newcastle NeW Space building and state-of-the-art courthouse as well as the Civic Theatre, art gallery and regional library. Transport abounds as the Newcastle bus network and planned new light rail service connects locals in all directions, offering quick and easy access to neighbouring suburbs, the beaches and beyond.

A detailed Information Memorandum and Web Book is available on request.

Please contact Joel Soldado for more information on 02 4926 0600 24hrs or 0478 751 441.

(*All areas, site boundary diagrams and distances are indicative only. All development concepts are subject to council approval.)

AUCTION

Auction date and time21/06/2017 18:00
Auction locationWatt Street Commercial Centre 45 Watt St Newcastle

Property Highlights

Date Sold21 Jun 2017
Sold Price$2,700,000
Floor AreaAsk Agent
Land Area697 m²
ParkingAsk Agent
Property ID2013651487
Category
Last updated  5 Oct 2017
Map for 3 Queen Street Cooks Hill NSW 2300

Nearest transport* to 3 Queen Street Cooks Hill NSW 2300

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Property Highlights

Date Sold21 Jun 2017
Sold Price$2,700,000
Floor AreaAsk Agent
Land Area697 m²
ParkingAsk Agent
Property ID2013651487
Category
Last updated  5 Oct 2017
Level 2/16 Telford Street Newcastle East NSW 2300

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