Positioned at the centre of the University of Newcastle’s NeW Space education precinct in the Newcastle CBD, only 50m from Stage 1 (classes for students begin 24 July 2017) and adjacent to the planned Stage 2. Upon completion, the NeW Space precinct will be home to over 8,000 students, creating an influx of foot traffic and opportunities for retail, commercial and accommodation providers. The existing improvements are dated but ripe for adaptive reuse (STCA), or alternatively the property provides a blank canvas for the entrepreneur.
- FSR 3:1
- Height limit 24m
- Site area 202.4sqm (approx.)
- Building area 200sqm (approx.)
- Zoned B4 Mixed Use
- High exposure location in the heart of the Newcastle CBD
- 50m to $95 million university development
- 250 metres from the $95 million state law development
- Rear lane access
- Newcastle’s proposed light rail stop at Civic is easily accessible
For Sale by Public Auction Thursday 3 August at 10.30am | Ground Floor, 18 Honeysuckle Drive, Newcastle.
(NA2017)
(NPP)