The East End Portfolio, represents a once in a lifetime opportunity and rare parcel of land, extending over four city blocks within the CBD of NSW’s second largest city. The property has recently obtained Master Plan approval for a landmark mixed-use development comprising 47,800m2 of residential, 4,900m2 of retail and 2,700m2 of commercial GFA adding to the already bustling and trendy East End.
Property Highlights include:
- Immense site area of 1.66 hectares
- NSW Government has committed around $500 million to revitalise the Newcastle City Centre*
- New Light Rail connecting Wickham transport interchange with Pacific Park in the east with 6 stops proposed along the 2.7km line
- Forecast population growth in the Newcastle LGA for the period 2016-31 is circa 1,710 people per annum**
*Source – Hunter Investment Prospectus 2016
**Source – Department of Planning & Infrastructure