Newcastle West has entered an unprecedented boom phase with the announcement that both Newcastle City Council & multiple State Government bodies will re-locate to purpose built premises by 2020.

The subject development site is well place to benefit from these landmark re-locations as it is just 300 metres to the west from both sites.

There are 3 brick buildings constructed upon the land.

Land area : 1520m2 (approx)

Floor space ratio: 6:1

Building height limit: 60 metres

Zoned: B4 Mixed Use

Rental income: Approx; $ 207,590 + GST

This is a strong development opportunity with a good income stream that will cover a due diligence period & development application to council.